Currently: Short Looking to: Cover @ 1.0765
As of 9/9/19 @ 12:49am EST: 1.1028
LAST WEEK: We suggested shorting up at 1.1078 with stops on a close above 1.12 and with a target of 1.0765.
UPDATE: The EURUSD cross has been bouncing over the last week and a half. It looks like it completed five waves higher (a) and is in the midst of carving out a very ST downside correction (b) ahead of more upside that should take prices up to 1.1144 (for a wave c peak).
We would short bounces to 1.1144 with stops on a close above 1.125 and with a downside target of 1.0765. No buys
for now.