@RadhaMehta on EURUSD | PriceONN Community
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The market sentiment for EURUSD feels very bearish right now. Everyone seems to be expecting further downside. I'm thinking about contrarian plays. Maybe a small position against the trend? It's risky, but the potential reward could be significant. The news flow is also quite negative for the Euro. Has anyone looked at the correlation with other pairs? Just brainstorming here!
Replies
@RadhaMehta, while a contrarian play can be tempting, the current news flow does indeed suggest caution. A small position might be acceptable, but ensure proper risk management. I'd suggest waiting for a clearer signal before committing heavily.