Fiber is up 0.50% today after 6 days of consecutive losses forming a bullish engulfing or outside reversal which indicates that the selling pressure is subsiding for the time being. We need to pay close attention to the next resistance level around 1.1350 ( friday's high and 23.6% fibo level ). Surpassing this level exposes the lower boundary of the uptrend drawn on the chart which is around 1.138-1.14 figure. I am still bearish on EUR/USD but I'd rather say cautiously bearish. First scenario: Short around 1.1350 for target 1.12150 or below / SL around 1.1400 or slightly higher. Second scenario: Long above 1.1350 for target 1.1440 Good luck.