@cward467 on EURUSD | PriceONN Community

I'm actually quite bullish on EURUSD despite this lull. The safe-haven demand for the dollar seems to be peaking, and if that geopolitical situation eases even slightly, expect a swift move higher. We've held the 1.1520 support zone multiple times now, and the RSI is sitting at 45, which is prime territory for a reversal upwards. I'm expecting us to retest at least the 1.1570s and potentially push towards the 1.1600 mark by European open. The news about the dollar surging is just noise in the short term; the underlying fundamentals for a weaker dollar are still in play, especially if inflation remains sticky in the US and the ECB has to maintain a hawkish stance. I've got a position open from 1.1530, aiming for 1.1580.