The EUR/USD pair rose during the session on Friday, challenging the 1.37 level. With that, we have run into resistance again, and as a result are struggling to go higher. If we can get above this level, we feel that the market will head to the 1.38 handle. However, recognize the fact that there is a lot of noise above, so it’s probably not going to be a very easy move to make. With that, we are bullish but only mildly so. Pullbacks should offer buying opportunities, but ultimately we are still stuck in a greater consolidation area.
