@jackwilson36 on EURUSD | PriceONN Community

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J
jackwilson36 PRO newbie
EURUSD Mar 18
Watching this EURUSD grind lower, reminds me a bit of how DXY was behaving last week before that little pop. If the dollar keeps showing strength here, especially around these pivot points like 1.1506, I can see it pushing down towards S1 at 1.1497. Not a huge move but enough to sting if you're caught on the wrong side. Gotta respect that smart money flow.
EURUSD

Replies (2)

J
jackwilson36 PRO newbie Mar 18
Honestly @lily4510, it feels like we're all just riding the dollar's coattails right now. This sideways action is just noise until we get a clear directional signal, maybe from some news or a major breakout. I'm holding off on any big EURUSD plays until we see a convincing break above 1.1530 or a solid rejection and drop past 1.1490. Too much chop to risk it.
J
jackwilson36 PRO newbie Mar 18
Yeah, that 1.1506 pivot is key. If it breaks and holds below, I'm looking at 1.1480s next. Just seems like euro is struggling to find any real bid.
EURUSD 1.14436 -0.13%
GBPUSD 1.34773 -0.45%
USDJPY 162.42862 +0.16%
XAUUSD 4,001.21 -1.46%
XAGUSD 56.16 -2.73%
BTCUSD 64,630 -0.53%
SP500 6,572.87 +0.74%
BRENT 83.79 -0.83%
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