@george02 on EURUSD | PriceONN Community
Weekly close wasn't bad, held above the 50 SMA. Still bullish momentum, but needs to break 1.1825 convincingly. Expecting some volatility early next week given that news about Iran. Keep an eye on that, might be a chance to short if it spikes too high initially.
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Update: That Iran news could really mess things up. Safe haven demand will spike, so EURUSD might see a dip initially. I'm thinking of waiting for the initial reaction to settle before making any moves. If it drops to 1.1790-1.1800, might be a good buy opportunity. Otherwise, sticking to the original plan of targeting 1.1830-1.1840. Risk management is key, especially with this kind of uncertainty. Don't want to get caught on the wrong side.