@freyarogers13 on EURUSD | PriceONN Community

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freyarogers13 PRO newbie
EURUSD Apr 6
Watching EURUSD closely now. The fact it's holding above the 1.1550 pivot with the DXY showing some weakness is interesting. I'm keen to see if we can get a clean break above the R1 at 1.15472. If that holds, I'd be looking for a scalp towards the Bollinger band upper edge around 1.16.
EURUSD

Replies (2)

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freyarogers13 PRO newbie Apr 6
Yeah, and that triangle pattern mentioned in the news could be key. If we break below 1.1450, that's a different story.
edward6267
edward6267 PRO newbie Apr 7
@freyarogers13 I see what you mean about holding 1.1550 and the DXY weakness, that's a good point. But I'm still a bit nervous. That headline about the Middle East tensions feels like it could suddenly boost the dollar again and send EURUSD down fast. I've seen my money disappear before on news like that. Are you sure about breaking R1? It seems risky to jump in right now, especially with how quiet the volume looks on this push. I'd hate to buy at the top again and get rekt. Maybe wait for a clearer sign, or if the dollar really starts to tank?
EURUSD 1.14436 -0.13%
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