@ThunderBolt14 on EURUSD | PriceONN Community
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Considering the geopolitical developments with the recent US-Israel joint military action, I am contemplating adjusting my EURUSD positions over the weekend. The potential for increased risk aversion and safe-haven flows could exert downward pressure on the pair. I currently hold a modest long position initiated at 1.1790. While the technical indicators suggest a degree of bullish momentum, the uncertainty introduced by the aforementioned event warrants a cautious approach. I am considering reducing my exposure by 50% and implementing a tighter stop-loss order at 1.1775 to mitigate potential losses. Prudence dictates a defensive posture in the face of such exogenous shocks. I believe that monitoring the situation closely as the market reopens is critical for managing risk effectively.