The EUR/USD pair fell during the session on Tuesday, but remains within a few pips of the 1.35 handle. This area has been supportive and important for some time now, and as a result it does not surprise us the market could fall too awfully far from it. On the other hand, we are looking for a move above the highs from both the Monday and Tuesday session in order to start going long. We get that signal, we are more than willing to go long and hold onto the market until roughly the 1.38 handle, which was the most recent high. At this moment in time, we are not interested in selling.
Written by FX Empire