The EUR/USD pair initially fell during the session on Monday, but found enough support at the 1.36 level to turn things background inform a relatively supportive looking candle. However, the 1.37 level above should be rather resistive, so we are not interested in buying at this point in time, and recognize that selling rallies as they show signs of weakness is probably going to be the way to go going forward. Alternately, if we break down below the 1.36 level, we believe that the 1.35 level will then be targeted. Right now, selling is the only thing were interested in.
