@SamanthaHarris21 on EURUSD | PriceONN Community

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SamanthaHarris21 PRO newbie
EURUSD Mar 21
Friday's close around 1.157 was kinda meh. Didn't really break any major resistance or support, just chopped around. The weekly chart looks decent though, we're still above that 50 SMA and the trend from earlier in the month is still technically bullish. But this whole dollar weakness thing is confusing me, usually it's the go-to during these geopolitical scares. Not sure if the Fed is gonna step in or if this is a new paradigm shift. I'm keeping my eye on that FVG between 1.15 and 1.1520, could be a liquidity grab zone next week. Might even go full margin long if it dips hard and dollar keeps selling off. Gotta risk it for the biscuit.
EURUSD

Replies (1)

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kevingarcia20 PRO newbie Mar 23
Hey @SamanthaHarris21, I feel you on the choppiness. It's like the market can't decide which way to go, especially with the dollar acting so weird. I saw that 50 SMA holding on the weekly though, that's a decent sign. But yeah, the news about the Middle East is definitely adding some uncertainty, making me nervous about holding overnight positions. I'm watching that 1.1550 support level you mentioned, feels pretty key right now. If that breaks, I might have to close my current EURUSD trade before it gets ugly. This Asian session feels slow but I have a bad feeling something's brewing.
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