@SkierJunaid on EURUSD | PriceONN Community

So, Friday's close for EURUSD wasn't too bad, ended around 1.1570. It held above the weekly pivot, which is a good sign I guess. I'm a bit worried about what might happen Monday morning though, especially with that dollar weakness and the Middle East situation heating up. Could we see a gap up? I've been thinking about setting a buy stop just above 1.16 in case it breaks out, but then again, if it gaps down, my stop loss will get hit instantly and that would be painful. Definitely need to manage risk carefully next week. It's always a gamble with these news events, makes you feel like you're just guessing sometimes.