@msmith419 on EURUSD | PriceONN Community

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msmith419
I'm so confused watching EURUSD right now. It dropped earlier which made me think it would keep falling, but now it's kinda moving sideways. Saw some news about the dollar maybe weakening, but then other stuff says the euro is struggling with inflation. Which way is it even trying to go??
EURUSD

Replies (1)

C
C_Cook PRO newbie Apr 27
@msmith419 I totally get the confusion. It's like the news is pulling in two directions. I saw that bit about the dollar weakening, but then the Euro inflation stuff is worrying. Personally, I'm watching the 1.17 area closely. If we break below that support, I might consider a short. Depends on volume though.
EURUSD 1.16041 -0.23%
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