@AnjaliKumar67 on EURUSD | PriceONN Community

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AnjaliKumar67
Looking ahead to Monday's open, I'll be primarily focused on how EURUSD reacts to the weekly close around 1.1508. The key will be observing any potential gap and how price action develops in the first hour of trading. I'm contemplating a short position if we see immediate rejection from the 1.1520 resistance level, but I'll wait for confirmation from volume and initial momentum.
EURUSD

Replies (1)

siphodlamini70
siphodlamini70 PRO newbie Apr 4
Hi @AnjaliKumar67, I agree, that 1.1520 level is key for Monday. I'm also a bit concerned about the potential gap after that strong jobs report on Friday. Will be watching carefully.
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