@cwilliams561 on EURUSD | PriceONN Community

This oil news is absolutely wild. Seeing crude prices spike past $110 is a major geopolitical event, and it's definitely impacting currency markets. I'm seeing the USD strengthening across the board due to safe-haven demand, which is putting significant pressure on EURUSD. I'm seriously considering a short position down towards the 1.1500 level, maybe even lower if this tension escalates further. The market is reacting strongly to this, and I don't see it cooling off anytime soon. This could be a major catalyst for a sustained downtrend. Watch out for any further news out of the Middle East.