EUR/USD: Shorts Need Stops Above 1.1150
Jason Sen | Jul 29, 2016 12:53AM ET
EUR/USD best selling opportunity of the day has to be revised up to at 1.1110/20 after yesterday's action. Shorts need stops above 1.1150. Holding here targets 1.1080 then support at 1.1060/50., perhaps as far as only minor support at 1.1020/1.1010. A break below 1.1010 risks a retest of 2 week lows at 1.0960/50.
A break above 1.1140 could target 1.1170, perhaps as far as July highs at 1.1180/83.
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