@unwosu708 on EURUSD | PriceONN Community

@unwosu708 Yeah, I've been watching that 1.1560 level too. It's like it just won't break. You're right, the dollar index (DXY) seems to be getting some strength, and it's definitely a drag on EURUSD. I saw that news about oil prices and inflation, and it makes me wonder if the Fed will have to do something aggressive, which would probably push the dollar higher. I'm just a beginner though, so it's hard to say for sure. I was thinking of going long if it broke that resistance, but with the dollar looking strong, maybe it's better to wait and see if it dips down to like 1.1520 or something. It's so confusing with all these different factors playing out at once.

@unwosu708 I hear you man, that 1.1560 resistance is a brick wall. DXY doing its thing is definitely not helping EURUSD's case. I saw a bit of a liquidity grab around 1.1510 earlier, then a quick spike up – classic US session stuff. But then it just died off. I'm thinking we might see another leg down if the dollar keeps firming up, especially with that oil news causing jitters. Honestly, I'm tempted to go full margin short here, 100x leverage, if it breaks that 1.1516 S2 pivot. What's your gut saying?