Buyers are trying to return the euro to the range and disrupt the trend. Perhaps they will succeed.
The main event will be the Fed's monetary policy decision on Wednesday at 18:00 London time - if the statement indicates an acceleration in economic growth - this could give a new impetus to the dollar growth.
Also important is the US employment report for April - a report from ADP tomorrow on Wednesday and an official report (Non-farm payrolls) on Friday, May 3.
We keep selling from 1.1220
In case of a full reversal, we buy from 1.1265
The material has been provided by InstaForex Company - www.instaforex.com