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Sell Eur/Usd....................
Current Open Positions:
Sell Eur/Usd.......1.1690.......Stop @ breakeven
Target 1.1550
Market low of 1.1563 on the weekly close....looking for a retest of the 10/17 1.1548 low on the Open 11/2.....hitting Target at 1.1550 Exit.
Retrace upside to the 1.1660/00 basis for High Percentile Entries to test the 1.1550/00 again. Break of 1.1700 would ensue with a 61.8% Fib pullback at 1.1730/25......1.1857 <> 1.1548. If Price moves through 1.1755 a run for the 1.850 level will ensue.
The 1.1500 basis is critical support for a further decline to the 1.1425/50 level and below.
Enjoy your Weekend.
Iris.
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