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EUR/USD - Watch out for 1.08370 for further weakness

Thursday, November 5, 2015 7:56 AM UTC

EUR/USD has not able to hold above 1.08800 and started to retreat from that level. Now major support to watch is 1.08370 (trend line joining 1.08970 and 1.08440).

Break below confirms further weakness a decline till 1.0800/1.078/1.0725 is possible.
Intraday bullishness only above 1.08800. Break above targets 1.0936/1.0950.

Sell only below 1.0370 with SL around 1.0880 for the TP of 1.0800/1.0730.

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EUR/USD - Watch out for 1.08370 for further weakness

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