@suresh9356 on EURUSD | PriceONN Community

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suresh9356 PRO newbie
EURUSD Feb 23
Given the current market sentiment and the recent bullish momentum in EURUSD, do you think we might see a test of the 1.1830 resistance level soon? What are your expectations for the pair in the coming days, considering the upcoming economic data releases? I am trying to gauge the overall market direction.
EURUSD

Replies (1)

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leo9127 PRO newbie Mar 2
@suresh9356 I'm not so sure about 1.1830. With the geopolitical situation heating up, risk aversion will likely keep EURUSD pressured downwards. I'd be looking more at the pivot points for potential resistance, maybe around 1.17785 (R1). I think calls are risky right now, better to be safe than sorry tbh.
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