Currently: Short Looking to: Cover @ 1.1645
As of 9/18/20 close: 1.18374
LAST WEEK: We suggested holding current shorts until 1.1567 or if EURUSD eclipsed 1.1950 on the upside. We suggested longs at 1.14729 with stops below 1.145 and with a target of 1.20.
UPDATE: The EURUSD cross ran up to resistance and turned lower and then started to bounce into this weekend. The issue is still in doubt, but we are sticking with the call for lower price levels for EURUSD.
We would sell longs / get short at 1.19005 with stops on a daily close above 1.9361 and with a target for covering and getting long at 1.16428.