Weekly Price Action & Key Levels Outlook

 | Nov 11, 2013 01:23AM ET

EURUSD – Bearish Under 1.3460

Closing red for the last 8 out of 10 days, the Euro has been getting hammered, down almost 500 pips since the late Oct. highs just above 1.3800. The pair has found some buying interest off of 1.3300 with two rejections off the round number, but the outlook is still bearish while below 1.3460. I’ll look to short the pair on any corrective pullbacks or absorption at 1.3460 which is a Original post

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