@GoldenEagle71 on EURUSD | PriceONN Community
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Next week, I anticipate EURUSD will be heavily influenced by the risk sentiment surrounding the recent US-Israel military action against Iran. If risk aversion increases, we could see a flight to safety, potentially pushing EURUSD lower despite the recent bullish trend. Technically, I'm looking at the pivot point around 1.1818 as an initial area of interest. A sustained break below that level could open the door for a test of S1 at 1.18155, followed by S2 at 1.18125. Conversely, if risk appetite returns quickly, EURUSD might attempt to break through R1 at 1.18217. However, with so much uncertainty, I'll be prioritizing capital preservation and waiting for a clear signal before committing to any significant positions.