The EURUSD pair tried to rally during the session on Monday, but as you can see the market failed to hang onto the gains, and we turned around and form a shooting star. 
The shooting star of course tells us that the market should continue to struggle around this area.
If we get below the 1.35 handle, we feel that this market goes to the 1.33 level.
On the other hand, if we break the top of the shooting star on Monday, the market would in fact continue to bounce around in this general vicinity, and probably head to the 1.36 handle.
Editor’s Note: Equity investors/traders can use the Currency Shares Euro Trust (FXE, quote) ETF to take positions in the euro without a FOREX account. The ETF looks to track the price of the euro (EURUSD), minus ETF fee. The fund seeks to reflect the price of the euro with the shares representing a cost-effective investment relative to investing in the FOREX market.
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