Potential Sell Alert

Currency Pair EURUSD

The EURUSD as played out as expected and headed lower and still has further to go. We expect to see further selling down to the potential target zone at 1.1450. With US employment data out tonight, a strong number should see a rally in the USD and therefore the Euro to continue its move down.

Currency Pair : EURUSD

Current Price : 1.1659

Status : On watch for continued move lower into potential target zone

Previous Alert 23/10/17

Currency Pair EURUSD

The EURUSD has seen some sellers push price lower to 1.1680 and break the longer term uptrend. We are now watching for a secondary move lower towards 1.1450 so but expect price to do a little more work. We now want to see minor contraction in price and lower highs to build a sell entry setup. We will watch how this plays out.

Currency Pair : EURUSD

Current Price : 1.1771

Status : On watch for lower highs