The EUR/USD pair fell like a stone during the session on Friday, as we just simply continue going lower. The market stopped at roughly the 1.3750 handle, an area that is somewhat supportive, but we believe that the market will continue to go lower, heading to the 1.37 handle first. Any rally at this point time is more than likely going to be a selling opportunity, and we would not hesitate to sell a candle that feels to show strength. We believe that the 1.40 level is now the area that the market simply will not be able to get above.
