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2 Mar 2015
EURUSD: Looking to sell - 2ndSkies
FXStreet (Bali) - Chris Capre, Founder at 2ndkSkies, is looking to sell EUR/USD on strength, with downside targets at 1.11, 1.1054 and 1.0920.
Key Quotes
"After dumping heavy to end the week and breaking below the key range support + role reversal level at 1.1260, I'm looking to sell on a weak rally."
"We may venture towards the yearly lows and support near 1.11 before a bounce, but either way, I'm looking to sell at this level."
"Downside targets will remain 1.11, 1.1054 and 1.0920. Only a daily close above 1.1350 negates the ST & MT bearish momentum."
Key Quotes
"After dumping heavy to end the week and breaking below the key range support + role reversal level at 1.1260, I'm looking to sell on a weak rally."
"We may venture towards the yearly lows and support near 1.11 before a bounce, but either way, I'm looking to sell at this level."
"Downside targets will remain 1.11, 1.1054 and 1.0920. Only a daily close above 1.1350 negates the ST & MT bearish momentum."