EURUSD Exposed To Downside Below The 1.0805/07 Zone

10 thg 11, 2015

EURUSD: The pair’s attempt on the upside was rebuffed by the bears on Monday to close slightly higher. This development leaves the risk lower in the direction of its broader downside bias. We look for more weakness to occur towards the 1.0700 level.

EURUSD Strategy: Sell at 1.0752, Stop loss at 1.0818, Price target at 1.0652 & 1.0600