@lily97 on EURUSD | PriceONN Community
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This EURUSD quietness is really making me twitchy, it feels like that weird lull before a storm. Remember when GBPJPY was doing that tight little dance last week before all the inflation data came out? Same vibe, just waiting for something big to happen and shake things up. Hope it doesn't just stay stuck here.
Replies
@lily97 Totally get that feeling. That consolidation phase on EURUSD does feel a bit like that calm before the storm you mentioned, almost too quiet. The fact that the dollar isn't even reacting to the 'geopolitical jitters' (as some headlines are calling it) is odd. I'm watching the 1.1548 S2 pivot point closely. If that breaks with some decent volume and displacement, I'd expect a swift move lower, potentially testing the 200 SMA around 1.1530. It’s definitely a wait-and-see game right now.