Dollar Strength into 2019 - Short Eur/Usd

26 Eki 2018

Looking for a change of the Euros Bullish trend into 2019. Long-term targets around 2017 lows of near parity with the US dollar. Near-term targets are from the 2017 - 2018 fib extension 61.8 around 1.12 flat & 1.0850. Stops should be kept above the current weekly ashi candle as we do not want to be in this if there is a weekly trend change. A breach of the 1.15 level would reject this trade. I will keep this updated as we go further into the trade. Currently in at: 1.1550.