Currently: Cash Looking to: Short at 1.1556
As of 10/19/2018 close: 1.1515
UPDATE: Last week, I suggested shorting at 1.1662 with stops above 1.1792 and with a target of 1.1200 initially and 1.0500 longer-term. A secondary entry was given up at 1.1816.
The EURUSD looks very vulnerable on the weekly and monthly charts. Shorting bounces is the play here its just a matter of at which resistances those moves should be made. I see resistance at 1.1556 and 1.1653.
Id short at 1.1556 up to 1.1653 with stops above 1.1660 and with a target of 1.06 on the downside.