@jbrown884 on EURUSD | PriceONN Community
I'm really hoping EURUSD doesn't have a huge gap open on Monday. I closed my small long position on Friday but I'm worried about how the news about the dollar weakening despite global risks might affect things. I'll be watching the Asian session closely to see if there's any early movement. My main goal is just to avoid a big surprise loss right at the start of the week.
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Wait, actually, I just remembered that comment about the US Dollar weakening despite rising global risks. That's pretty significant. If the dollar is losing its safe-haven status, that could be a big deal for EURUSD. It might mean that the pair has more room to move upwards if economic sentiment improves globally, or it could become more sensitive to European economic data. I need to do more reading on that to see if it's a sustained trend or just a blip from last week. It makes me a bit more optimistic about potential upside for EURUSD if this dollar weakness continues, but I'm still going to be cautious.