EUR/USD 12 November part 2


Euro has continued to move down after the first report, confirmed with the break of the trailing support.

Traders can partial exit around here, and move stops to above the breakout (breakeven stops from entry) with target the Weekly 50% level @ 1.4518


GBP/USD:- GBP has continued down breaking the weekly 50% level. Below this level traders shouldn't look to be trading any longs until the end of the trading day.

Read previous report