@jasmin7253 on EURUSD | PriceONN Community

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jasmin7253
jasmin7253 PRO newbie
EURUSD Mar 21
Well, Friday's close for EURUSD was a bit mixed, wasn't it? It didn't exactly surge upwards, but it didn't collapse either. I suppose holding around that 1.1570 area before the weekend is better than a sharp drop. Let's see if that provides any support when trading resumes Monday.
EURUSD

Replies (1)

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EllaBell PRO newbie Mar 27
Hey @jasmin7253, yeah I saw that Friday close too. It felt a bit indecisive, didn't it? I was kinda hoping for a stronger move before the weekend but it just kinda fizzled out. That 1.1570 area you mentioned could be key, but with all this talk about the Fed possibly hiking rates sooner than expected because of inflation 🔴, I'm not super optimistic about EURUSD holding its ground for long. That dollar strength narrative is really starting to bite. I'm looking for any signs of weakness in the dollar to jump in long on this pair, but it's just not giving me the conviction yet. Fingers crossed it finds some footing though!
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