@jessica2209 on EURUSD | PriceONN Community
This US session is always a crapshoot. Waiting for that GDP print later this afternoon, that's gonna shake things up. Could be a good scalp opportunity if it comes in hot either way. Gotta keep an eye on the DXY too, it's been eerily quiet.
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@jessica2209 Yeah, these pre-GDP sessions can be a bit of a waiting game. I've seen the DXY just sit there for hours and then explode on the news, taking EURUSD with it. My plan is to watch for any strong moves around the pivot point at 1.15387. If it holds, I might consider a short-term long targeting R1 near 1.15408, but I'll be ready to cut it if the GDP print is a shocker. The RSI is sitting right at 48, so it's not giving much away either way. I'm not FOMOing in until I see a clear reaction to the data.
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@jessica2209 Yeah, this pre-news quiet is classic. DXY sitting tight is definitely something to watch; it's usually the first domino to fall. Hoping for a clean breakout after the GDP, but might be choppy.