Strategy for Eur/Usdfor this week:
Last week - pivot that was protecting a mid-term wave down was broken. To proceed with trend down it is better to wait until the new cycle down will be created (i.e.
a new FZR down).
From the other hand: a mid-term flat is started with "scales outweighing down". Therefore It might be a good idea to hunt for some "sell" positions this week as per green line on the picture (don't forget the risk of trading in "flat-mode")