The EUR/USD pair fell during the session on Monday again, only to bounce again. The 1.35 area seems to be attracting massive buying and the pair simply will not stay under the 1.35 level for long. Because of this, we don’t sell this pair at the moment, and we certainly cannot buy it with the problems coming to the forefront against the Euro in general. If we want to sell the Euro, we need new lows. Or, we can just go ahead and sell it against a currency like the Yen.
Written by FX Empire