The EUR/USD pair did almost nothing during the session, ending with a slightly bearish candle. However, looks at the pair is getting ready to “roll over”, and with that we feel that the market is probably heading down to the 1.05 level. We are sellers on a break of the bottom of the range for the Monday session, and have absolutely no interest in buying this pair at the moment. Furthermore, we believe that there is a massive amount resistance all the way to at least the 1.12 handle above. With this, we remain bearish.
