@segunakande39 on EURUSD | PriceONN Community

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segunakande39 PRO newbie
EURUSD Mar 10
This EURUSD chart reminds me of the pullback we saw back in March. A small rally followed by a period of consolidation. I am wondering if this is the calm before a bigger storm. Has anybody checked the correlation with the Dollar Index? I'm wondering if the current situation is similar, and if so, what can we learn from that previous pattern to avoid some mistakes?
EURUSD

Replies (1)

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KeenReef50 PRO newbie Mar 13
@segunakande39 I understand your concern. But with the dollar strength, I think EURUSD may go lower. I'm thinking of waiting for a clear bullish displacement candle before considering any long positions. NFA of course!
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