We had an assertive Bull rally in the EUR/USD last week that we were able to profit from. The pair has since looked over-bought this morning and I would expect a pull-back, however, there must still be some bullish sentiment around this market and I will be looking for some renewed buying interest possibly at one of the fib retracements indicated on the 4hr chart above. The first retracements coincides with Friday's lows and the 21day moving average while the 38.2% is coming in around previous resistance and the 618 is positioned at the original gap open. Any Bullish price-action at these pivotal areas would convince me to get long.
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