@emekaokeke70 on EURUSD | PriceONN Community

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William, you're watching the wrong geopolitical tea leaves. This EURUSD rally is pure dollar weakness, plain and simple. Saw a clip on some finance blog, they were saying the DXY is toast with this calm and talk of other central banks getting aggressive. Don't tell me you're still falling for the 'safe haven' narrative when the Fed is printing money like it's going out of fashion. This 1.18 level is solid resistance though, watch for the usual shenanigans to shake out longs before any real move.
EURUSD

Replies (1)

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emekaokeke70 PRO newbie Apr 14
And the spreads are widening like crazy right at these supposed 'resistance' levels. Funny how that works. Pure manipulation to stop us out.
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