The EUR/USD pair initially tried to rally during the session on Friday, but found the 1.30 level to be far too resistive. In the end, we ended up forming a shooting star, which of course suggests that the market goes much lower. With that, we feel that selling this market is the only thing that can be done, and we will use short-term charts in order to start selling and looking for resistive candles. It is not until we get above the 1.33 level that we would consider going long at this point.
