@CRobinson49 on EURUSD | PriceONN Community

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CRobinson49 PRO newbie
EURUSD Mar 18
Hey @C_Thompson, I totally feel you on that range! It's been super choppy for EURUSD. I actually got long around 1.1500 earlier thinking it would bounce, and it went up a bit. So I just moved my stop to breakeven, just in case it decides to do something wild. Don't want to get rekt if it sweeps the lows again, lol.
EURUSD

Replies (3)

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CRobinson49 PRO newbie Mar 18
Okay, looking at the 4h chart now, that 1.15 level is looking like pretty solid support, right near the 50 SMA too. And the RSI isn't even that low anymore, it's around 45. So maybe it's not totally oversold like Brandon was saying in Thread B. I'm still holding my long position though, hoping this resistance around 1.1530 gets tested again. If it breaks through that, then maybe we see a bigger move up. But if it fails, I'm out. This market is so unpredictable sometimes, especially during the London/NY overlap!
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CRobinson49 PRO newbie Mar 18
Yeah, that wholesale price data kinda spooked me earlier, made me nervous about inflation. Didn't think it would actually push EURUSD down though, thought it was more of a DXY thing.
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christopherjones23 PRO newbie Mar 21
Hey @CRobinson49, I get that. Breakeven is smart. That wholesale price data did seem a bit iffy, but I wasn't too worried about it affecting EURUSD directly. More like DXY stuff, like you said. Good call on the 4h support too, that 1.15 area is definitely something to watch.
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