@neomokoena24 on EURUSD | PriceONN Community
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So, with EURUSD closing below 1.1520 on Friday, I'm a bit worried about how it's going to open on Monday. The US jobs data was strong, and that definitely gave the dollar some steam. If we get a gap up for the dollar, that could push EURUSD down pretty quickly. I'm thinking we might see a test of that 1.1507 S2 pivot point pretty fast if the sentiment carries over. It's always a gamble on the open after a big news event on a Friday, especially with the market closed all weekend. I'm going to be watching closely for any immediate downside pressure. Don't want to get caught on the wrong side of a huge gap. Might even consider a quick short if it looks like it's breaking down immediately.