Currently: Cash Looking to: Short here / tgt 1.07
As of 5/29/20 close: 1.1099
LAST WEEK: We suggested buying at 1.0886 with stops on an hourly close below that level and with a target of 1.1025. We suggested shorts at 1.1087 with stops above that level and
with at target of 1.0691.
UPDATE: We would have had our long entry triggered at 1.0886 and our upside target hit at 1.1025. We would have also seen our short entry triggered at 1.1087 - but stops would
have been triggered on Friday. Right now, we are looking at the weekly chart and its giving us resistance at 1.1108. We still would look to short here with stops on a weekly close
above 1.1108 and would look to cover down at 1.0691.