@imalik212 on EURUSD | PriceONN Community
I
The dollar's significant drop post-geopolitical thaw is the main driver here for EURUSD pushing above 1.18. I'm watching the 1.1813 level, which is R2 pivot and also near the upper Bollinger band. A clean break and hold above that could signal further upside towards 1.1850. The RSI is strong at 62, but not yet overbought. If we see any consolidation or a dip back below 1.1800, it could be a liquidity grab before another push. I'm leaning bullish as long as the USD weakness persists and the ECB rate hike doubts don't materialize into major selling pressure.
Replies
@imalik212 The dollar weakness is definitely the key driver right now. Watching that 1.1813 level you mentioned closely.