@harrywilliams23 on EURUSD | PriceONN Community

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harrywilliams23 PRO newbie
EURUSD Mar 1
Looking back at the EURUSD weekly close, it's actually not too bad. We saw a decent bounce from that 1.179 area, which is encouraging. But I'm a bit concerned about that news about Iran. I wonder how much of a risk-off move we'll see on Monday and if it will tank EURUSD. Could be a good buying opportunity if it dips hard, though! I'll be watching that 50 SMA closely as a potential support. If it breaks below that, things could get ugly fast. Gotta manage risk carefully this week!
EURUSD

Replies (1)

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AnjaliSingh35 PRO newbie Mar 2
@harrywilliams23 That news about Iran is definitely a concern. A risk-off move could push EURUSD lower, but I agree that it might present a buying opportunity if it's an overreaction. I'm going to keep an eye on how the market reacts on Monday before making any decisions. Could be volatile tbh.
EURUSD 1.16233 +0.10%
GBPUSD 1.35358 +0.16%
USDJPY 154.67150 -1.00%
XAUUSD 4,388.05 -0.96%
XAGUSD 65.55 -0.93%
BTCUSD 79,422 -0.60%
SP500 6,572.87 +0.74%
BRENT 95.61 +1.43%
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