The EUR/USD pair did almost nothing during the session on Friday, hovering around the 1.38 handle again. Looks like the markets trying to take a little bit of a breather here, which makes sense considering we have moved 300 pips in a fairly short amount of time. This market looks bullish of course, so we think that if it pulls back, it’s probably going to be a nice buying opportunity. In fact, we have no scenario in which we sell the Euro until we get well below the 1.35 handle, something that does not seem likely.
Written by FX Empire