Currently: Short Looking to: Cover @ 0.6946
As of 3/18/19 as of 1:24am EST: 0.7114
LAST WEEK: We suggested selling longs and getting short at 0.7118 or 0.7347 with stops above 0.7150 and 0.7400, respectively, and looking to cover at 0.6805.
UPDATE: No change to last weeks call. Still looking to sell longs / get short at 0.7118 with stops above 0.7150. However, the downside target for covering is being raised to 0.6946 based on the confluence of Fibonacci retracement (of the January rally) support and Fibonacci projections (for the potential downside abc correction off of the January peak).