The EUR/USD pair fell during the session on Tuesday, but found enough support at the 1.39 level soon 10 things back around and form a hammer. This hammer suggests to us that we are continuing to build pressure to the upside, as we break above a downtrend line from the monthly time frame. This market should eventually bust out to the upside with a great amount of momentum if we can get above the immediate range of trading. Certainly, by the time this market breaks the 1.40 level, the Euro should continue to shoot much higher.
