The EURUSD weakened significantly last week as sellers came into the market and pushed price below key support at 1.1660 with price closing well below that level on Friday. In light of this development, we are moving to a more bearish bias on the EURUSD and so we will look to sell whilst prices are contained under the previous swing-high at 1.1860. Traders can look to sell on strength below 1.1860 ideally on a 4 hour or daily chart price action signal.
from Learn To Trade http://ift.tt/2ieIAi7
Sunday, 29 October 2017
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