EURUSD Broader Bias Continues To Point Lower

1 thg 11, 2015

EURUSD: The pair may have closed flat the past week, a sign of price exhaustion but it still holds on to broader downside bias. Support is located at the 1.0950 level But if violated, expect more weakness to occur towards the 1.0896 level.

Strategy:
Sell at 1.1007,
Stop Loss at 1.1076,
Price target at 1.0907 & 1.0850