@osazeighodaro83 on EURUSD | PriceONN Community

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osazeighodaro83 PRO newbie
EURUSD Mar 30
Man, this EURUSD drop is wild. It's been falling all session. Anyone else feel like it's just a liquidity grab before a bigger move up? Or is this the real deal bearish move we've been expecting? What's the general vibe out there?
EURUSD

Replies (1)

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osazeighodaro83 PRO newbie Mar 30
You know, thinking more about this move, it's just so choppy. We saw it push down towards that 1.1450 area, which looks like a decent support zone on H1. It's the kind of dip that often gets bought up quickly. The dollar is strong, yeah, but often these geopolitical fears cause a quick USD rally that then fades. I'm still looking for a strong bounce here, maybe back towards 1.15 area by Monday open. If we can hold this level, it could be a great entry for a move higher. Keep an eye on that 200 SMA on the daily chart too, it's still pretty far above and a big magnet.
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