EUR/USD Recovered very Nicely

EURUSD posted a noteworthy recovery from the 1.2630 small double bottom support on Monday, but only a move above the 1.2755 reaction high from last Thursday would shift our focus away from the 1.2570 support. This level marks the 76.4% retracement of the 1.2456-1.2941 rise.

However Traders have focus on Housing Starts on Tuesday and also FOMC on 20th, which opens a clear picture