Currently: Short Looking to: Cover @ 1.0452
As of 8/11/19 @ 11:04pm EST: 1.1208
LAST WEEK: We suggested shorting at 1.1208 with stops on a close above 1.13 and with a target of 1.0452.
UPDATE: The EURUSD cross is bouncing short-term on sudden US Dollar weakness which may be the US Government intentionally weakening their own currency to counteract Chinas moves. That fight is clearly spilling over to other parts of the world and the financial markets.
We would be selling longs and getting short at 1.1287 with stops on a close above 1.13 and would continue to look to cover down at 1.0452.