Is $EURUSD bottoming around 1.14202?

asked by u/emilio_s · 1mo · 5 answers

We've seen $EURUSD hover around this level for a while. Bulls trying to defend, bears pushing for a break. What are your key levels for a decisive move? For me, 1.1400 is critical.

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Top answers

  • u/jihu_y· 23 pts· 1mo

    Bottoming? I think it's just consolidating before another leg down. The macro picture for EUR isn't looking great.

  • u/jihu_y· 4 pts· 1mo

    Interesting point. What makes you think 1.14202 specifically, beyond the recent hovering?

  • u/hferrari· 1 pts· 1mo

    Could be a fakeout. I'm watching for a stronger rebound before calling any bottom. Too much uncertainty right now.

  • u/nicole26· 1 pts· 1mo

    I'm scalping around these levels, playing both sides. It's too choppy for a long-term directional bet.

  • u/white_tyler· 1 pts· 1mo

    I'm on the sidelines for EURUSD. Too much noise, not enough signal for me at the moment.

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