@codyscott99 on EURUSD | PriceONN Community

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But seriously though, the macro sentiment is still very risk-off. With the Eurozone manufacturing numbers looking grim and the energy crisis, it's hard to ignore the bearish undertones. The dollar strength narrative is powerful right now. I'm seeing that 1.1679 S2 pivot as a key level to watch. If that breaks, it might open the door for further downside, potentially testing 1.15 as some of the news suggested. I'm not comfortable taking a long position until we see a clear break of resistance and sustained buying volume. The current trend bias remains bearish, despite that small bounce off the S1.
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EURUSD 1.16252 +0.03%
GBPUSD 1.35404 +0.01%
USDJPY 153.36700 -0.63%
XAUUSD 4,429.34 +0.53%
XAGUSD 66.75 +0.93%
BTCUSD 78,862 -0.48%
SP500 6,572.87 +0.74%
BRENT 95.72 +0.44%
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