The currency pair remains under pressure as the DXY extended gains breaking the 97.00 Resistance price, however it seems the DXY is still in range of resistance and could easily surrender bulls sooner or later! EUR/USD has reached a significant price where there seems to be a support and a potential reverse head and shoulder is promising! will it rise? NEW YORK SESSION WILL DECIDE. The pair is currently trading within a descending Triangle which gives an equal opportunity for a buy or sell break out! I personally recommend Pending orders to trade such a situation.