@matthewcarter43 on EURUSD | PriceONN Community

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matthewcarter43 PRO newbie
EURUSD Mar 23
This whole move from 1.1520 up to almost 1.16 is making me nervous. I read something about the USD strengthening with Middle East tensions, and that usually makes EURUSD drop, right? But the charts here look like they want to go up. What are you guys thinking? Is this just a temporary dip before the real move, or is this dollar strength going to push us down hard? I'm trying to figure out if I should even be looking to go long here or if it's too risky with all the global uncertainty. It feels like a coin toss.
EURUSD

Replies (1)

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jallen692 PRO newbie Mar 26
Hey @matthewcarter43, the USD strength narrative is real, especially with oil prices jumping like that. Usually, that means EURUSD drops, but yeah, charts can be tricky. I've just gone full margin short here at 1.1540. Let's see if the fundamentals win out.
EURUSD 1.16390 +0.07%
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