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Lambert: How to trade EURUSD as the pair heads lower

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August 21, 2014 clive lambert, eur, euro, euro dollar, europa, europe, european central bank, eurozone, eurusd, forex, forex 2014 outlook, forex buying, forex idea, forex market, forex markets, forex saxo bank, forex trade idea, forex trading, forextrading, fx, fx award, fx crosses, fx forex, fx gbpusd, fx interbank markets, fx investing, fx market, fx markets, fx options, fx spot, fx strategy, fx trade, fx trade idea, fx traders, fx trades, fx trading, fx tradinging, fx volatility, fxallocationmodel, fxfx, fxmarkets, fxmonthly, fxoptions, fxspot, fxtrade, saxo tv, traders tale, tradingfloor.com, usd, usd index, usdeur, usdgbp, usdjpy
Clive Lambert predicts continuing weakness in EURUSD, yesterday we saw the pair fall through a key support level at 1.3295 and drop to eleven month lows. 
Clive says "EURUSD broke a couple of important supports yesterday and has scope to trade down to trend support on the weekly at 1.3050. Resistance levels are now 1.3270 and 1.3290 so look to sell a rally to one of these to get short. "

Target: 1.3048 at uptrend line in weekly chart