Euro touched 1.400 . It’s the weekly 78.6% fib. Major psych level/whole number. Previous major support & resistance etc. There has been more interest rate talk over the weekend so this could pop upwards, but wait and see what your charts tell you.
So, for counter trend traders have lots of reasons to like the idea of a short here. If it breaks and CLOSES above then standard M2 break out pullback.
If it does fall then 1.3860 would be main area to look for a bounce back up.
