STRATEGY: Bearish, against 1.5784, target TBD
The EURUSD continues to find resistance at 1.5471 on short term charts confirming our bearish bias on the pair for the time being. A clean break of the 1.5470 opens up the possibility of a run back to 1.5750, but so far the bearish structure if the pair remains preserved. A break below the 1.5350 low would only add fuel to our downside bias with 1.5000 as the next major support level.
Visit our recently updated Euro Currency Room for specific resources geared towards this currency.
STRATEGY: Bearish, against 1.5784, target TBD
