EUR/USD, Monday in a bear mood!

eur-usd 04.05.

We reached my predicted target/resistance at 1.1280/300 last week, the 23.6 fibo return of the July 2014/March 2015. huge eur/usd fall, after wich the sellers have taken over the control and return the pair down to 1.1175 support, where the pair ended the week. What do we have now? You can see, that euro started the week in a bear mood, breaking support from Friday at 1.11975 aiming next target/support at 1.1110/20. Buyers are waiting lower at 1.1070/90, stronger at 1.1000/50. This is start of the week, let’s see how will buyers react and where?

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