Mihai_Iacob

EurUsd- I sustain my bearish bias

Short
OANDA:EURUSD   Euro / U.S. Dollar
Yesterday I said that my bias on EurUsd changed to bearish and spoke about a potential target of 1.18.
This target was reached just now and considering the strong support under 1.18 I expect a rebound. O the other hand the old 1.18-50-1.1860 resistance should be well defended by bears and here is where I will look for selling opportunities.
A potential target can be 1.17 important support

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