The EUR/USD pair broke much higher during the course of the day on Monday, clearing the 1.12 level with ease. Because of this, we feel that the market is going to continue to grind higher, and head towards the 1.14 level. What would be more impressive to us though is that if we can break above the 1.15 level that begins the next leg higher. We believe ultimately this market is getting ready to break out, and that pullbacks should be thought of as buying opportunities on signs of support. We have no interest in selling.
