The EUR/USD pair initially tried to rally during the course of the day on Monday, but turned back around to form a bit of a shooting star. The shooting star courses negative, we have more than enough support below to keep this market afloat. There is an uptrend line just below though, and with that we feel that it’s only a matter time before the buyers step back into this market on pullbacks. We need to see a supportive candle in order to get involved though, which of course we don’t have at the moment.
