The EUR/USD pair had a back and forth session on Monday, hovering around the 1.30 handle. This is an area that we thought that the Euro could run into trouble, and we have to admit that the daily candle isn’t an overly impressive one to us. With that being the case, we are looking for a break down below the lows from the Monday session in order to start selling. As far as buying is concerned, we would have to clear the 1.31 handle significantly in order to feel comfortable doing so.
Written by FX Empire