possible distribution on fiber paired with jobs data rebounding last week + equities finally seeing a bit of pressure could lead the euro to being put under pressure. a trader willing to take on risk could look to enter on UTAD, but a more conservative entry would be upon the test phase of this cycle.
good luck and stay safe everyone :)
Intraday/Swing traders can look for 1.1130 & 1.1230-1.1250 as upside objectives. From a position trading perspective this has much more potential if you refer back to my idea on the monthly time frame.