The EURUSD failed to continue it’s bullish momentum on Friday and now re-testing the trendline support, as you can see in my daily chart below. I see this fact simply as a battle between buyers and sellers around a critical technical point. What is going to happen today, might be very important for the weekly outlook beside US NFP on Friday. The bias is neutral in nearest term but as long as the pair stay above the trendline, the bullish scenario re-testing 1.5062 area before aim for 1.5300 still intact. However, if we have a break below the trendline, we should have a bearish view for this week, with technical target around 1.4450 area. How I react to what happen in the market is one of the key elements in my trading system, and I will be watching and react to what happen to this trendline support.