EUR/USD: a technical rebound configuration is forming (Scotiabank)

Scotiabank notes the current formation of a technical bullish reversal figure that should be monitored.

"We are expecting a break of the one-week range between 1.1650 and 1.1750, and highlight the importance of last week's doji, completed just above 1.1650.

A bullish early morning star would be completed on a close above the middle of last week's range at 1.1707."