Currently: Short Looking to: Cover / buy @ 1.1508
As of 11/20/20 close: 1.18555
LAST WEEK: We suggested covering / getting long at 1.18006 with stops on a close below 1.7795 and with a target of 1.20123.
UPDATE: The EURUSD cross analysis here can only be categorized as low conviction. Theres little edge to be had by either the bulls or the bears here. If we see EURUSD close above 1.19177, the bulls will certainly gain an edge, though. Anything below that and the bears still can press the action to the downside. We would short here with stops on a close above 1.19177 and would look to cover down at 1.15076.