The EUR/USD pair fell hard during the session on Friday, smashing through the 1.3550 support area. However, we think this area has support all the way down to the major handle in 1.35, so we are not ready to start selling yet. However, a close below the 1.35 level is more than enough of a reason for us to start selling the Euro. We do not have a scenario to start buying quite yet, simply because we don’t have the candlestick for it. However, we are open to either possibility as his pair tends to chop around quite a bit.
