@mwilson803 on EURUSD | PriceONN Community

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M
Alright, so EURUSD closed right around that 1.157 level on Friday. Not too bad, held above the 50 SMA for the week. I'm expecting a bit of a gap open on Monday, maybe a little liquidity grab on the highs before we see if that dollar weakness continues. Gonna keep an eye on that 1.16 resistance. NFA, just my thoughts for next week.
EURUSD

Replies (1)

H
harry2003 PRO newbie Mar 26
Hey @mwilson803, I see what you mean about keeping an eye on that 1.16 resistance. It's just that this whole Middle East thing is making me super nervous about the dollar. If it keeps strengthening because everyone's running to it as a safe haven, won't that just push EURUSD down even more, even if it's above the SMAs? I bought a bit Friday thinking it would go up but now I'm kinda worried 😅
EURUSD 1.16395 +0.08%
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