@daniel85 on EURUSD | PriceONN Community

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daniel85
daniel85 PRO newbie
EURUSD Mar 16
Given the current market sentiment driven by those oil price surges mentioned in and the general USD strength, I'm leaning towards a slightly bearish outlook for EURUSD in the short term. The 200-day SMA at 1.1564 is still a significant hurdle, and if that dollar strength persists, we could see a retest of the 1.1480s. It's a bit of a waiting game to see if the Fed blinks on rates.
EURUSD

Replies (1)

daniel85
daniel85 PRO newbie Mar 16
And that 1.1515 neckline resistance Michelle mentioned would be a good spot to watch for confirmation if any bullishness were to emerge.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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