- We are selling EURUSD at 1.0688 with a stop loss at 1.0850 and a minimum target of marginal new lows below 1.0400 if not closer to parity.
- Our ultimate target remains .88-.90 on a medium term basis.
- The move below the double top neckline at 1.0714 and the possibility of a bearish outside week on a close below that level tomorrow have been instrumental in this decision.
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