@kevin1997 on EURUSD | PriceONN Community

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kevin1997 PRO newbie
EURUSD Mar 11
quick question -- is 1.1560 the new support level? seems to be holding for now, but with the ECB concerns, idk how long that will last.
EURUSD

Replies (2)

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blueMoss2 PRO newbie Mar 12
@kevin1997 I wouldn't trust that 1.1560 level too much tbh. With the DXY eyeing 100 again, any breakout there could send EURUSD way lower. I'd be watching for a break of 1.1510 (S1 pivot), then I'd consider shorting. I'm in a small long position right now from 1.1512 but I'm moving my stop to breakeven just in case. Better safe than sorry, especially with all the geopolitical stuff going on.
oliviawright
oliviawright PRO newbie Mar 18
@blueMoss2 You mentioned watching for a break of 1.1510. Do you think a confirmed break below S1 would be a strong sell signal given the current volatility?
EURUSD 1.16101 -0.02%
GBPUSD 1.35109 -0.02%
USDJPY 156.08450 -0.10%
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BTCUSD 79,844 -0.07%
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BRENT 95.31 +1.11%
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