@stephanie2558 on EURUSD | PriceONN Community
This EURUSD close on Friday at 1.15728 felt a bit weak, honestly. I'm wondering if we'll see a gap down on Monday morning, especially with all this dollar talk. Might have to stay on the sidelines for a bit to see how it opens up. Definitely need to watch that 1.1550 support level closely. 🤔
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Oh and I saw that news about the dollar potentially rebounding due to geopolitical stuff. That could really shake things up for EURUSD on Monday! 😬
@stephanie2558 Totally feel you on the Friday close feeling weak. That dollar news has me worried about a gap down too, especially seeing that 1.1550 support you mentioned.
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@stephanie2558 That Friday close did look pretty pathetic, I agree. And yeah, that dollar news is just what they needed to justify a gap down on Monday. It's all about setting up the trap for unsuspecting longs. I suspect the 1.1550 support is just a speed bump they'll smash through to get to the real liquidity below. Mark my words, they'll be hunting stops there.