EURUSD H8 | Short Momentum

- Deeper fall is expected this week as long as 1.1760 resistance holds, to 38.2% retracement of at 1.1485. On the upside, above 1.1780 will turn intraday bias back to the upside for retesting 1.2010. However, sustained break of 1.1485 will pave the way to 61.8% retracement at 1.1161.