The EUR/USD pair initially fell during the course of the session on Monday, but found enough support to turn things back around and form a positive candle. With this, the market looks like it’s going to try to head to the 1.10 level where we would anticipate quite a bit of resistance. With this, we would prefer to wait into we get closer to that area order to start selling resistive candles. On the other hand, we break down below the bottom of the range for Monday, we would also be sellers there as well.
