@cwright358 on EURUSD | PriceONN Community
Friday's close felt a bit like a relief rally, didn't it? After the initial downward pressure during the week, EURUSD managed to claw back some ground. However, I wouldn't get too excited just yet. The underlying economic fundamentals haven't shifted dramatically, and the geopolitical situation is adding a layer of uncertainty. The joint military strike is bound to have a ripple effect. I'm thinking that any upward momentum might be short-lived, with the pair likely facing resistance around that 1.1830-1.1850 zone. I'll be watching the open closely to gauge the market's true sentiment, and then adjust my strategy accordingly. Better to be cautious in these waters.