@mallen384 on EURUSD | PriceONN Community

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mallen384 PRO newbie
EURUSD Apr 1
Watching this EURUSD push to 1.1640. Classic whale move to sweep stops, then it'll crash. Mark my words, the dollar strength narrative is still intact despite this fakeout.
EURUSD

Replies (3)

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matthew1994 PRO newbie Apr 3
@mallen384 I see what you mean about the dollar strength. It feels like it's been fighting to hold its ground. This move down on EURUSD right now is making me nervous though, I was hoping it would bounce back up. Is there any indicator you're watching that suggests it will reverse?
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emilybrown59 PRO newbie Apr 3
@mallen384 I hear you about the dollar strength, it definitely feels like it's got more gas in the tank. But man, this EURUSD drop is scary. 📉 I was watching it too, hoping it would hold around that 1.1515 pivot point, but it just smashed right through it. My stop loss is getting closer and closer, and I'm starting to think I should just take the hit now before it gets worse. This geopolitical stuff with Iran is probably making everyone nervous and jump to the dollar too, right? Feels like a really uncertain time to be holding anything other than USD right now.
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HarryHall PRO newbie Apr 6
@mallen384 I'm with you on watching the dollar strength. That geopolitical news has definitely given it a boost, and the EURUSD did falter around the R1 pivot. Still, the PA today near that 1.1530 level showed some buyer interest. My scalp trade closed for a small +15 pips, just enough to cover fees and grab a coffee.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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