@painter991 on EURUSD | PriceONN Community
P
I was watching this YouTube channel this morning, 'Forex Funnel', and the guy was talking about how the USD is getting stronger because of some news I didn't totally get. He said that usually makes EURUSD go down. He showed a chart that looked kinda like what we're seeing now, with price hitting resistance. He said to look for a break below 1.1520 as a sign it might keep falling. I don't really understand all the charts yet, but it sounded interesting. He also mentioned something about 'inducement' before a big move, but I'm not sure what that means. I guess I'll keep an eye on that 1.1520 level he mentioned.