Currently: Long Looking to: Sell / Short @ 1.1078
As of 10/13/19 @ 9:24pm EST: 1.1026
LAST WEEK: We suggested shorting at 1.1025 with stops above 1.1035 and with a target of 1.0941. We also suggested longs at 1.0941 with an upside target of 1.1076.
UPDATE: The EURUSD is bouncing but should run into resistance shortly and head down towards our next projected downside targets near 1.0463 (and possibly to 1.0362).
We would look to sell longs and short the EURUSD cross on an upside test of 1.1078 with stops honored on the shorts on a daily close above that level and with a downside target for covering of 1.0463.