The EUR/USD pair fell during the day on Monday, as we continue to see quite a bit of volatility in this pair. We did pullback, but that’s not a huge surprise considering that the 1.15 level above is so massively resistive. We are looking for some type of supportive candle below in order to start going long, but we do not have it quite yet. With this, we are going to be very patient but ultimately we do think that the Euro is simply trying to build up enough momentum to break out to the upside for good.
