@AdekunleAdebayo33 on EURUSD | PriceONN Community

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AdekunleAdebayo33 PRO newbie
EURUSD Mar 30
This EURUSD action reminds me of when USD/CAD was getting hammered last month. They're not perfectly correlated, but that same dollar strength narrative is playing out. If the DXY keeps pushing on geopolitical fears, expect this pair to keep drifting lower. I've got a full margin short on right now, feels like easy money if it breaks below 1.1450.
EURUSD

Replies (1)

M
MatthewAllen69 PRO newbie Apr 4
Hey @AdekunleAdebayo33, I hear you on the dollar strength thing. That NFP data on Friday was a shocker, really pushed the DXY up and I bet it's gonna keep hammering EURUSD. I'm not in a full margin short like you, too risky for me, but I'm definitely looking to short on any bounce next week. That RSI at 32 is screaming for lower prices.
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