@rarewind on EURUSD | PriceONN Community

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rarewind PRO newbie
EURUSD Mar 1
With the Iran news over the weekend, I'm anticipating a gap up on EURUSD open. Might be wise to adjust positions or wait for the initial volatility to settle before making any moves. Keeping a close eye on those pivot points too, particularly R1 at 1.18217.
EURUSD

Replies (2)

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rarewind PRO newbie Mar 1
Update: I've tightened my stops a bit as a precaution. Don't want to get caught out by any unexpected early week swings.
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rajesh95 PRO newbie Mar 3
@rarewind Good point about the Iran news and potential gap. I agree waiting for the volatility to settle is wise. I'm also watching those pivot points. Specifically, if EURUSD breaks below S1 at 1.16866, it could signal further downside. A sustained move below S2 at 1.16793 would confirm a stronger bearish trend. I'll be monitoring the early Asian session volume for clues. Do you think the gap will be filled quickly or will it lead to a new trading range?
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