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FXTechstrategyTeam

EURUSD: Sets Up For More Bear Pressure

Short
Euro / U.S. Dollar (FX_IDC:EURUSD)  
FXTechstrategyTeam  
FX_IDC:EURUSD   Euro / U.S. Dollar
EURUSD tradeideas eurusdshort
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eurusd tradeideas eurusdshort
EURUSD: Having EUR closed slightly lower the past week on a rejection candle print, it faces additional weakness in the new week. This view remains valid as long as the pair can trade and hold below its key resistance zone at 1.1459/94 level. Support lies at the 1.1300 level.

EURUSD STRATEGY:
Sell at 1.1357
Stop Loss at 1.1429
Price target at 1.1263 & 1.1180
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