Currently: Short Looking to: Cover at 1.0932
As of 12/8/19 as of 11:40pm EST: 1.1056
LAST WEEK: We suggested buying immediately with an upside target for selling and getting short at 1.1098 and with stops on shorts on a close above 1.1111. The target for shorts
was 1.0932.
UPDATE: The EURUSD rallied up to our long exit / short entry and has turned south in a hurry. It now looks to be on the way down towards our profit-taking target (on the shorts)
at 1.0932.
We would hold shorts until 1.0932 and would then look to cover and get long there. Honor stops on longs on any close below 1.09 and look to take profits up at 1.11.