The EUR/USD pair fell slightly during the session on Friday, as the market continues to grind away below the 1.15 handle. We look at this is the massive resistance that the market is trying to find its way to, and as a result we would like to see this market go a little higher in that it would test more significant resistance that we have seen on Friday. Ultimately, any resistive candle between here and there should be a nice selling opportunity and we believe that the EUR/USD is most certainly still in a very negative downtrend.
