The EUR/USD pair fell hard during the Monday session, crashing into the 1.35 level. This level was the neckline of a massive inverted head and shoulders, so we do believe that quite a bit of support should come into play at this point. With this in mind, we are more than willing to buy any type of supportive candles and look like the market stepping back into buy the Euro. Because of this, we believe that this will eventually be a buying opportunity, and as a result we are simply waiting for that buying opportunity, and not interested in selling at the moment.
Written by FX Empire