EUR/USD Might Start Falling Again

After the EUR/USD pair moved sharply to the upside in the end of last week it appeares that the pair has found some resistance at 1.0640, because not only it has not been able to break out above that level, but it has formed several spinning top candlesticks on the four-hour time-frame, signaling its indecision. Should a new move to the downside begin and the pair succeeds in breaking below the support at 1.0585, which is the (MA)89 indicator on the same four-hour time-frame, then the pair will likely continue falling towards the next support at 1.0540. On the other hand, if the move to the upside continues after all, and there is a breakout above the last high at 1.0639 then EUR/USD will probably continue rising towards the resistance at 1.0690, which is the same indicator, but on the daily time-frame.