Currently: Short Looking to: Cover @ 1.1174
As of 1/11/19 close: 1.1462
UPDATE: Last week, I suggested adding shorts near 1.142 with stops on a close above 1.1547 and with a downside target of 1.1174.
The EURUSD made one more rally attempt this week and actually touched the previously-identified resistance at 1.1547. Thus far, resistance has held strong. Unless that changes, the downside target for EURUSD will be 1.1174.
Continue to add to shorts at 1.15 with stops on a daily close above 1.1547 and with a target of 1.1174.