@olivia3408 on EURUSD | PriceONN Community
Alright, so EURUSD closed pretty bearish on Friday, RSI is sitting at 32. With oil prices spiking and all this inflation talk, I'm really wondering what the Fed is going to do. Anyone got a strong feeling about whether we'll see a gap down on Monday or if it'll just keep consolidating?
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Also, if Powell signals they might hold off on rate cuts due to oil, that could really hammer this pair further. Definitely keeping an eye on that CPI number.