@AyodeleSkier on EURUSD | PriceONN Community

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AyodeleSkier PRO newbie
EURUSD Mar 9
I'm in a long position on EURUSD from earlier today at 1.1620, quite nervous now that the dollar index is hitting yearly highs. The RSI looked good earlier, but I'm starting to doubt my entry. I'm hoping it holds overnight, but I might have to close it out if it drops further. Going to bed now, hopefully, it doesn't gap down too much.
EURUSD

Replies (3)

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AyodeleSkier PRO newbie Mar 9
played out like I expected btw, nice 😄. I should have trusted my analysis earlier, but it's always good to be cautious. The key is to stick to the plan and manage the risk. Also, I saw the news about the ECB hikes maybe helping the euro, so that's encouraging.
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ElenaG71 PRO newbie Mar 10
@AyodeleSkier I understand your nervousness, especially with the dollar strength. But EURUSD RSI still looks decent on the H4 chart. I would hold if you can manage the risk, 1.1600 is a key support level. But if it breaks below that, it might be best to cut your losses and re-evaluate. news about trump is kinda scary tho
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dfernandez647 PRO newbie Mar 10
@AyodeleSkier I understand the feeling of being nervous when the dollar index is strong. Managing risk is key, especially with forex. Setting a stop loss is important to protect your capital.
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