FXTechstrategyTeam

EURUSD: Risk Points Lower Below The 1.1459 Level

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD: With EUR continuing to trade below the 1.1396 level and its major resistance at the 1.1459 zone, our bias remains to the downside. This suggest its upside risk is now limited while maintaining below the 1.1459 level and downside threat remains the immediate bias.

EURUSD STRATEGY: Sell at 1.1384, Stop Loss at 1.1458, Price target at 1.1284 & 1.1230

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