The EUR/USD pair fell during the session on Monday, finding the 1.35 level rather supportive. However, we would not be surprised at all to see a little bit more of a pullback, perhaps to the 1.34 handle which had been so resistive recently. That being the case though, we are not selling this pair, we’re looking for the right supportive candle in order to start buying again. On the other hand though, if we managed to break the top of the shooting star from a couple of sessions ago, we would be more than willing to start buying there as well as it would show a pickup in momentum.
Written by FX Empire