On Friday, I wrote that “the upper end of the triangle line is in the 1.29-12950 zone today and Monday and is resistance in the event of an advance.”
The EURUSD has entered this zone, although triangle resistance extends up to 1.30. If the triangle interpretation is correct, then price will top before 1.3116. The alternate, bullish scenario is valid as long as price is above 1.2652.