@cwalker901 on EURUSD | PriceONN Community

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C
Alright, let's talk EURUSD for next week. Honestly, Friday's price action felt a bit like smart money trying to lull us. The DXY weakening was a surprise, usually, it's the other way around when things get dicey geopolitically. I'm leaning towards a slight bearish continuation, maybe testing that 1.15 handle again early week. If we break through that, then maybe the 1.1495 level from the head and shoulders idea @OscarGarcia mentioned could come into play. But if the dollar keeps weakening and we get some positive EU news, we could push back towards the R1 at 1.1565, maybe even flirt with 1.16 if there's a real shift in sentiment. It's a coin toss right now, gotta watch the order blocks and see where the big players are placing their chips.
EURUSD

Replies (1)

O
osmith840 PRO newbie Mar 26
@cwalker901 You're right about the DXY's unusual behavior given the geopolitical backdrop. I think some major players are caught off guard by how resilient the dollar is. If EURUSD breaks that 1.15 support, I'm going full short, regardless of what the news headlines are pushing.
EURUSD 1.14436 -0.13%
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