It took awhile but EUR/USD finally found a sufficient pool of supply near 1.2510 resistance to cool the frantic EUR/USD short-covering rally. 1.2455/60 should be a natural buy-zone near-term as that level capped rebounds on Friday and early Monday.
It took awhile but EUR/USD finally found a sufficient pool of supply near 1.2510 resistance to cool the frantic EUR/USD short-covering rally. 1.2455/60 should be a natural buy-zone near-term as that level capped rebounds on Friday and early Monday.