Back into the market after a long weekend in both U.K. and U.S. and we are looking at the continued downtrend of Euro versus US dollar .
A series of lower highs continues to form with support around 1.11 area providing a short opportunity of 90 pips. We also have the formation of an candle or if looking on longer time frames. Both point to a forming.
Additionally we have heightened tension with Italian government and the EU likely to add negative headlines over the coming trading week.
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