Currently: Cash Looking to: Short @ 1.1422
As of 3/18/19 as of 1:24am EST: 1.1336
LAST WEEK: We suggested selling longs and getting short at 1.1267 with stops on a close above 1.1308 and with a 1.08 target.
UPDATE: The EURUSD is delaying what we feel is an inevitable drop to 1.08 with a bit of unforeseen upside. A close above 1.1464 will be another nail in the coffin for the bears. Right now, that level along with 1.1422 appear to be potential ceilings for the cross. We believe the rise in EURUSD will falter at one of those two levels and that the recent downside trend will resume. We would be selling longs and getting short at 1.1422 with stops above 1.147.