@HarryW72 on EURUSD | PriceONN Community

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H
Planning my trades for Monday... it's tricky with this Iran situation. I'm thinking of using a smaller position size than usual. EURUSD could be volatile. I'll watch the early price action and decide then. Maybe wait for a pullback before considering anything. Better to be safe than sorry, eh?
EURUSD

Replies (1)

G
gracewright49 PRO newbie Mar 2
@HarryW72 Good plan to reduce position size. The geopolitical situation adds a layer of uncertainty. I'm thinking EURUSD will be sensitive to any further news from the Middle East. Waiting for a pullback is generally wise, especially with the potential for increased volatility. I'd also keep an eye on the DXY; any strength there will likely weigh on the euro. Don't rush in, there will be plenty of opportunities. It's better to miss a move than to get caught on the wrong side. Patience is key in times like these.
EURUSD 1.14436 -0.13%
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