EURUSD is trading around 1.09. Price is on positive ground relative to Friday and according to the Ichimoku cloud indicator bulls remain in control of the short-term trend. Price continues to trade above the Kumo (cloud) and price is still above both the tenkan-sen (red line indicator) and the kijun-sen (yellow line indicator). Support by these two indicators is at 1.0882-1.0875. Cloud support is found at 1.0867-1.0830. As long as price is above this area, trend remains supported. The Chikou span (black line indicator) is close to providing a sign of weakness.Price has made no real progress to the upside over the last few sessions. Traders need to be cautious as there are increased chances of a reversal to the downside.