Upside still anticipated on EUR/USD...

Also firmer vs the Greenback as the DXY meanders between 90.465-266 having failed to sustain Friday’s recovery momentum beyond the 21 DMA or 90.500 on a closing basis. The Euro has reverted to a 1.2100-50 range after Friday’s false downside break, and from a chart perspective eyeing 21 and 50 DMAs yet again (1.2102 and 1.2158 respectively today). If bullish pressure remains into this week then upside targets will remain at 1.2220.