Heads Up...It's Monday Again...

Just for a quick recap, last week softer retail sales, producer prices and business inventories sent the dollar tumbling against euro. However, short term outlook is turned bearish, even though further recovery towards 1.3540-50 cannot be ruled out. Euro is currently trading slightly below the EMA 365, at 1.3521. I spot a bearish divergence signal in the 15-M chart, so my next step is to wait for the price to make a small peak before I start selling.

Here's my calculation for tomorrow's pivot points:

R2 = 1.3572

R1 = 1.3546

PP = 1.3502

S1 = 1.3476

S2 = 1.3432

Trade ideas: Sell at 1.3540 or around resistance point.