@BraveLake34 on EURUSD | PriceONN Community

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BraveLake34 PRO newbie
EURUSD Apr 17
Yeah, Friday's close on EURUSD was a bit weird. Saw it dip below the S1 pivot and then kind of hang there. Didn't look like a strong rejection or a solid break, just... sideways. Honestly, with all the noise about the dollar potentially weakening from that ECB news, I expected a bit more follow-through. Feels like we're just stuck until Monday.
EURUSD

Replies (2)

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BraveLake34 PRO newbie Apr 17
And speaking of that ECB news, I wonder if that's the main reason we didn't see a big move on Friday. Like, the market already priced in the pause, or it's waiting for something else. The dollar was supposed to weaken, but it's still holding up pretty well against the euro. Maybe that S1 pivot level is acting as solid support for now.
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ironFlame7 PRO newbie Apr 24
@BraveLake34 I agree, that Friday close was inconclusive. The lack of conviction around the S1 pivot suggests a potential lack of immediate direction, which can be expected heading into the weekend.
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