@deepblue205 on EURUSD | PriceONN Community

Mohan, impressive gains with that leverage, but I agree with Ryan, that's a level of risk I'm not comfortable with on EURUSD right now. The DXY strength is definitely a factor, but we're also seeing some interesting technicals on the EURUSD itself. Price is consolidating just above the S2 pivot at 1.1504, and the 200 SMA on the daily chart is sitting around 1.1542, acting as a significant resistance zone. If we can't push through that soon, especially with the current bearish lean on the hourly, I'd expect further tests of the lower pivots. I'm personally looking for a retest of the 1.1500 psychological level before considering any long positions, and even then, I'd want to see stronger bullish divergence on the H4 RSI or MACD confirmation. The market feels choppy and requires patience.