Euro 8 hrs and currently keeping it simple and the whole layout is within the blues..
To begin with the last 2 lows into 2950's has formed a small descending TL; but more importantly the lvls of 3160ish and 2910 comes in highlighted.
A look on to the 8 hrs and description pretty much tells in what I'm seeing and expecting..
Maybe there was an option barrier into around 2950 that kept the price away from touching it.. However so far it looks like it will break.. If 2910-15 spotting TL is correct bears simply need to test it... A bounce is highly likely around from it but the bounce will have difficulty heading higher to 3160ish lvl.. I think based on how the TL's are coming in; above 3160 close we may be back into the bull mode...
For the Mon-Tues session we start off 3035-39 as decent resis with better one at 3077 it seems to be.. This needs to hold for NFP caused the break under to it for the fall towards mid 2950ish... A closed above 3080 would imply we are heading to test 3160ish out..
To the lower side based on the 2 different 8 hrs version, we still have a 2910-15 initially; but a better looking 2870ish eventually as a decent supp to see some kind of bounce challenging higher lvls into 1.30XX lvl..

I like to set shorts back up into 3070ish if we get lucky as I think 3030ish would hold the price for the decline initially.. It would also make sense for 3030ish to hold after seeing a high print on the NFP and the rally on the USD that rocked other currencies out..
Should be a good time to analyze USD as well.. Stocks and USD at the present seems to be holding hand on the surge higher but 1568-75 on SPX looks like a formidable resis for now........

GL....