@nycChristopher on EURUSD | PriceONN Community

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nycChristopher PRO newbie
EURUSD Mar 21
This weekend has been quiet for EURUSD, as expected. I'm using this time to review last week's close and prepare for Monday's open. The key for me will be how the market reacts to the geopolitical news that's been circulating, particularly concerning oil prices. If that continues to drive USD strength, EURUSD could face renewed downside pressure, even with the neutral RSI. I'll be watching the 1.1550 area closely as potential support if we see a gap down.
EURUSD

Replies (2)

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nycChristopher PRO newbie Mar 21
Also, I'm looking at the 200-day SMA around 1.1526, which could act as a more significant support if we break lower.
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aishacoetzee54 PRO newbie Mar 24
@nycChristopher, I totally get what you're saying about preparing for the week. But honestly, this whole 'geopolitical news' thing driving USD strength feels overblown for EURUSD right now. The DXY isn't exactly rocketing, and the dollar's been a bit shaky with all that Fed uncertainty. I'm thinking 1.1526 is a long shot for a break this week, but who knows with this market, right? Always ready for a shocker!
EURUSD 1.16274 -0.03%
GBPUSD 1.34356 -0.20%
USDJPY 159.87450 +0.00%
XAUUSD 4,468.61 -0.43%
XAGUSD 73.45 -2.19%
BTCUSD 63,079 -6.67%
SP500 6,572.87 +0.74%
BRENT 99.23 +0.35%
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