Near Term Trend: Bullish / Neutral
Fridays Close: 1.11914 (+ .00406)
UPDATE: Last week, I suggested covering shorts at 1.10980 and getting long near 1.09936 with targets at 1.1400.
The EURUSD cross pulled back early this week, but failed to test even our first support at 1.10980. It still could, however. If 1.12459 is taken out on a daily close, the bulls will be back in control.
Still try to cover EURUSD shorts at / near 1.1089 and get long near 1.09936 with a target of 1.1400. Honor stops on any daily close below 1.09936.