AdrianRaymondFX
Short

$1.107 is a technical pivot on EURUSD

FX:EURUSD   Euro Fx/U.S. Dollar
Check out this technical pivot, that has acted consistently as support and resistance on various occasions since November. Note the 200-DMA at $1.1097. I currently have a bearish take on this pair below $1.12 given the channel support break last Friday, and short entries seem possible below $1.11 today. If prices rise above this level on a daily close basis, I might re-evaluate my stance on the market (moving towards neutral with a bearish biais).
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