Technicals
Looking at the H4 chart we can see that the EurUsd failed to break above the OTE fib zone on Friday causing a drop at market close. we will be looking for the market to retest the OTE level and also Push up to BAT level before getting to start heavy sells in the market place.
On the Updated hourly, we have a number of bullish price action sell setups which is a number of inside bars which shows market indecision on the current bullish move which will cause the market to swing back lower to the 1.13000 level and the lower below the 1.12000 level as shown on the Setup below.
We believe that this setup will work out very well for you and we wish you the best trading this week, all the best from us.
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