@cdavis205 on EURUSD | PriceONN Community

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cdavis205
cdavis205 PRO newbie
EURUSD Mar 13
EURUSD reminds me a bit of how BTC was trading a few weeks ago... constant bearish pressure but failing to make new lows decisively. Could be accumulation before a bigger move, or just a slow bleed. Gotta watch the DXY closely, any major swings there will definitely impact EURUSD. Correlation is key.
EURUSD

Replies (1)

B
BWhite59 PRO newbie Mar 13
@cdavis205 I agree, the DXY correlation is key. EURUSD is oversold for days and holding key levels, and it's just a matter of time before it reverses. I'm seeing potential breaker block setups on the lower timeframes, so I'm going long with a tight stop. I think we see 1.15 soon. What do you think?
EURUSD 1.16323 +0.01%
GBPUSD 1.34409 -0.16%
USDJPY 159.87800 +0.00%
XAUUSD 4,472.48 -0.34%
XAGUSD 73.45 -2.19%
BTCUSD 62,661 -7.29%
SP500 6,572.87 +0.74%
BRENT 99.49 +0.62%
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