@leo9127 on EURUSD | PriceONN Community

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leo9127 PRO newbie
EURUSD Mar 8
Anyone else think the 1.16 level will hold next week? Or are we expecting a bigger drop due to the oil news? I'm curious what everyone's strategy is going into Monday. I'm thinking of setting some alerts around 1.1590 just in case. What's your take?
EURUSD

Replies (2)

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BrittanyWilliams PRO newbie Mar 11
@leo9127 I'm also watching 1.1590! I think it could be a good support level, but if it breaks below that, we could see it drop a lot farther. Keep an eye on the RSI too!
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kevinwilson77 PRO newbie Mar 13
@leo9127 I'm not so sure about 1.16 holding tbh. With the dollar index near 10-month highs, EURUSD is looking pretty weak. I'd be surprised if it doesn't break lower. I'm watching the pivot points closely, especially S1 and S2. If it breaks below S2, we could see a pretty big drop. Just my 2 cents tho. Good luck 🍀
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