Before i start, i would like to mention i use MM psychology often in my trading style. With everyone on edge for a bearish EUR and bullish USD, waiting for more confirmation, we can expect fake outs to happen by mixed signals. im expecting EUR/USD to make a final bullish run to psych out traders.
As i write this article, EURUSD is making a falling wedge. i expect it to break low to capture sellers before making a final 100+ pip long push to recent highs. IF we do not see price break above OR meet todays open price by Tuesday NYC Close, i would consider this write up invaild and watch for more bearish signals. IF price does in fact break or meet Tuesdays open, i would be looking to short around Key Resistance 1.2500 with wicks to the top side, and bearish movement into week close.
Possible Bullish Divergence into Tuesday if predictions follow through.