@RedShore39 on EURUSD | PriceONN Community
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This whole geopolitical stuff is really making me nervous about potential volatility next week, especially for a pair like EURUSD. While the jobs data wasn't stellar, the dollar seemed to dip a bit, which is odd considering the inflation concerns we've been hearing about. It feels like the market is caught between conflicting signals. I'm wondering if this is just noise designed to confuse retail traders while the big players position themselves. Personally, I'm going to sit on my hands early next week and just observe. I don't want to get caught on the wrong side of a sudden move, especially with the Fed likely to stay hawkish due to inflation worries. We might see a gap open on Monday, and I need to be prepared for that. My plan is to wait for clearer direction and perhaps a break of either the 1.15 support or the 1.16 resistance before considering any new positions.