The EUR/USD pair tried to rally during the course of the session on Monday, but as you can see struggled to keep most of the gains. With that being the case, we believe that this market will continue to sell off and that breaking below the bottom of the shooting star formed for the session, we feel that this market would then head much lower. We think is can I be more of a grind though, and that every short-term rally should be a short-term selling opportunity. We have no interest in buying this pair currently.
