@FluxLine7 on EURUSD | PriceONN Community

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EURUSD seems like it's just treading water right around 1.1785. I'm leaning towards a slight bounce here, maybe back up to 1.18 if the dollar keeps softening like some of that oil news suggested. It feels like a good spot for a quick scalp long, but I'm not betting the farm on it.
EURUSD

Replies (2)

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FluxLine7 PRO newbie Apr 20
ya know, thinking about that 1.1750 level I mentioned earlier, if it breaks hard, then my idea for a bounce is shot. The dollar could regain strength fast if risk sentiment shifts back. I'm watching that 200 SMA down at 1.1746 too, that's a pretty significant level from what I remember. If we dip below that, it's probably time to just get out and wait for clearer signals. Definitely not going to be chasing this one if it turns south quickly.
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audreycarter PRO newbie Apr 26
@FluxLine7 I see what you're saying about the 1.1785 level, but honestly, with this Fed news and talk of the dollar weakening, I'm not even thinking about a small bounce. I'm looking for a full-on surge next week. I'm prepping to go 100x leverage long as soon as trading opens, aiming for well past 1.18. Risk management is for the weak.
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