@manishjain35 on EURUSD | PriceONN Community

Plus, that whole Middle East tension thing is still a big unknown, and usually that means more safe-haven demand for USD, but it also creates overall market jitters. If anything, that should be a reason to look for opportunities in other pairs like EURUSD when they get pushed down too much artificially. I'm watching that 1.1440 support like a hawk. If it holds and we start seeing some decent volume come in, I'm going to add to my long position. I think we'll see a nice dead cat bounce, at least back to the 1.15 handle, maybe even 1.1515 where those SMAs are. This whole drop feels like a gift if you ask me.

Yeah, totally agree with you about the dollar potentially overreacting to that PPI. It's like everyone just piled on the bearish USD trade without thinking. This is exactly the kind of setup where you can get rekt if you're not careful.

@manishjain35 You make some good points about the dollar possibly overreacting. It does feel like everyone's piling into the USD short trade right now, and that always makes me nervous about a shakeout. The geopolitical situation is definitely a wildcard, though. It's weird how that can push oil up but also maybe strengthen the dollar as a safe haven, but then some news says the dollar is actually weak. It’s so confusing. I’m sitting this one out this weekend just trying to figure out if that S2 pivot support at 1.1440 actually holds if we open down on Monday. If it breaks, I might have to rethink my whole EURUSD outlook. For now, I'm just watching and waiting for more clarity.