EUR/USD, bearish start of the week.
Last week was interesting here, with wild roller coaster ride, but euro ended as a winner at the end. The pair has find the resistance at aprox 1.0820, with high of the week at 1.0848, where the trendline has stoped the furder gains. The euro has ruturned down at the begining of the week, aiming 1.0710/30, the first support level. You can see the MA100&200 at the same level here at 1.0770/80, where the pair is moving around for the last 3 trading days. Ok, let’s see how will buyers react today and where!?