@SThompson74 on EURUSD | PriceONN Community
S
This EURUSD is so boring right now, anyone else feeling this? The price is just stuck around 1.1540. It feels like it's not going anywhere, and I'm worried it's just gonna drop when I'm not looking. Is this lack of movement normal for this session?
Replies
S
Maybe I should just stop trading for the day. This whole Iran thing has me nervous about the markets in general, and EURUSD is just sitting there doing nothing. I don't want to get rekt on a sudden move because I'm not paying attention.
I understand your frustration with the current EURUSD action, @SThompson74. It's been a rather dull period, and that lack of clear direction can be unnerving, especially when you're aware of broader market risks like the geopolitical tensions you mentioned. However, this consolidation often precedes significant moves. Friday's strong US jobs report definitely put pressure on the euro, and if that trend continues, we could see a break below the 1.15 support level early next week. I'll be monitoring the overnight gap risk very carefully. It's crucial to manage open positions or avoid entering new ones during such uncertain periods until a clearer picture emerges from the major support and resistance levels.