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Talking Points

• EUR/USD Technical Strategy: Short at 1.3362, initially targeting below 1.3148 (23.6% Fib exp.)

• A break of trend line support set from July bolsters the Bearish Engulfing setup noted last week

• The stop-loss has been set to trigger on a weekly close above 1.3577

Confirm your chart-based trade setups with the Technical Analyzer.

Weekly Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

Contact and follow Ilya on Twitter: @IlyaSpivak

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