@jose95 on EURUSD | PriceONN Community

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J
jose95 PRO newbie
EURUSD Mar 21
Man, this week was a grind for EURUSD. I was hoping for a clearer direction after that US CPI report, but it just chopped around. I tried a quick scalp near 1.1550 on Friday but got stopped out too fast. Feels like we're just waiting for something to break this sideways action.
EURUSD

Replies (1)

J
jose95 PRO newbie Mar 21
Yeah, the action on Friday was so choppy it was painful. I was watching the DXY chart and it looked like it wanted to head higher after that Fed hold, which should be bearish for EURUSD, but it just refused to fall. It makes me wonder if smart money is building positions before a big move. I'm definitely wary of any gap opening on Monday morning, especially with all this geopolitical stuff heating up; you know how that can spook the markets and cause big swings out of nowhere. I'm leaning towards caution for now, just sitting on my hands until we see some real momentum.
EURUSD 1.16206 -0.09%
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