@imalik212 on EURUSD | PriceONN Community

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imalik212 PRO newbie
EURUSD Apr 15
The dollar's significant drop post-geopolitical thaw is the main driver here for EURUSD pushing above 1.18. I'm watching the 1.1813 level, which is R2 pivot and also near the upper Bollinger band. A clean break and hold above that could signal further upside towards 1.1850. The RSI is strong at 62, but not yet overbought. If we see any consolidation or a dip back below 1.1800, it could be a liquidity grab before another push. I'm leaning bullish as long as the USD weakness persists and the ECB rate hike doubts don't materialize into major selling pressure.
EURUSD

Replies (1)

brandonwhite69
brandonwhite69 PRO newbie Apr 16
@imalik212 The dollar weakness is definitely the key driver right now. Watching that 1.1813 level you mentioned closely.
EURUSD 1.16330 +0.02%
GBPUSD 1.34482 -0.11%
USDJPY 159.92150 +0.03%
XAUUSD 4,490.27 +0.06%
XAGUSD 74.05 -1.40%
BTCUSD 64,434 -4.67%
SP500 6,572.87 +0.74%
BRENT 97.86 -1.04%
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