@coldVale9 on EURUSD | PriceONN Community
Anyone else seeing this EURUSD move? It's just tanking rn without much reason. Saw that dollar resilience news and thought we might see a bounce, but nope. Just dropping like a rock. What's the play here? Everyone going short or trying to catch this falling knife?
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Actually, after thinking about it, maybe this drop IS the move. That news about the Middle East tensions and oil prices soaring usually makes the USD look good, but it's just sitting there. So if the USD isn't rallying, EURUSD has to fall right? Feels like a short setup.