Currently: Short Looking to: Cover @ 1.20055
As of 1/22/21 close: 1.21704
LAST WEEK: We suggested shorting bounces to 1.21497 with stops on a close above 1.21750 and with a target for covering / getting long at 1.2003. Upside target was to be 1.2320.
UPDATE: EURUSD has made it up to our short entry target of 1.21497 and nearly surpassed the stop-out price we put forth in last weeks report. We are now calling for the move lower in EURUSD towards 1.2003. However, we are raising our stop loss trigger to any close above 1.22091.