The EUR/USD pair went back and forth during the session on Friday, as it danced around the 1.3350 level. This area should provide a bit of support, but the weekly candle looks very poor at this point time. Because of this, there is the possibility that we continue lower, but right now we do not see decent set up to sell this market. Alternately, we could supposedly bounce from this area and reach the 1.35 level again, but we feel that this market right now is a very neutral one and will trade it as such.
Written by FX Empire