EURUSD: Price action yesterday hints for potential downward correction. A break below Friday's low 1.2125 / 20 will encourage dips at 1.2040 1.1980 at correction levels. Yesterday's daily bearish grabber to be considered wave 2 as double top and Dollar Index DXY might be double bottoming.
A break above 1.2270 for EUR and a break for 89.40 DXY is needed to invalidate the above scenario.
A break above 1.2270 or a daily close above 1.2260 hints for further attacks to 1.2330 1.2420/40.