The EUR/USD pair broke higher during the day on Tuesday, slamming into the 1.15 level. However, this is an area that begins a cluster of resistance up to the 1.1650 level, and that of course is followed by the 1.18 resistance barrier which extends all the way to the 1.20 level. Ultimately, we are simply waiting for resistant candle in order to start selling and would be willing to take one off of the shorter-term charts to if necessary. Buying isn’t even a thought until yet well above the 1.20 level in our opinion.
