@ethan1990 on EURUSD | PriceONN Community

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ethan1990
Well, the EURUSD closed out Friday below the 1.1520 support level we were watching. Not ideal, especially with how the dollar strengthened after that jobs report. I'm a bit concerned about a potential gap down on Monday morning if this sentiment carries over. Hopefully, we see some consolidation this weekend, but I'm bracing for volatility next week.
EURUSD

Replies (1)

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nmokoena120 PRO newbie Apr 4
Hey @ethan1990, I totally get what you're saying about that Friday close. It felt like the sellers just took over at the end of the week. I'm also a bit worried about Monday morning, especially since I entered a short position around that 1.1520 level you mentioned. It's my first time trading this pair, and I'm kinda nervous about what might happen if it gaps down hard. Do you think it's likely to keep falling, or could we see a dead cat bounce early next week? I’m really trying not to panic sell, but my hands are getting sweaty just thinking about it.
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