The EUR/USD pair fell during the session on Monday, but as you can see stays well within the previous consolidation area and thereby not really making a statement in one direction or the other. We believe that this market falling will more than likely just be a pullback that should offer a nice buying opportunity as we fully expect this pair to continue to go to the 1.40 level. In fact, 1.37 should be rather supportive, so a move back to that level and a supportive candle would be great for us in order to go long.
Written by FX Empire