FX.co ★ EUR/USD

EURUSD The EURUSD pair starts the week with a fairly sharp decline, and so far sellers clearly have no intention of giving up the initiative. The euro is under pressure from issues surrounding French debt and political uncertainty, while the dollar continues to receive support from high yields on US bonds. But today the pair has already moved roughly two of its average daily moves, so for the remainder of the day I expect more consolidation and a slight breather. However tomorrow, if we get a correction to the area of 1.12540-1.12850, I will look for a new sell pattern with a target of 1.1110. As long as the pair trades below 1.13270, for me the priority remains only on selling.