Near Term Trend: Neutral
As of 12/8/2017 close: 1.17685
UPDATE: Last week, I suggested selling longs at 1.19943 and trying to short at 1.20391 with stops above 1.20921 and with a target of 1.14500.
EURUSD could go either way here. Either it holds support just below Fridays close at 1.17512 or it falters there and continues lower. Im thinking it breaks down below support at this point in which case the projected target is 1.14426.
Id sell any bounce to 1.18312 with stops on a close above 1.184 and with a downside target of 1.14430.