The EUR/USD pair tried to rally during the course of the session on Wednesday, but found enough resistance above to turn things back around and form a shooting star. The shooting star suggests that we are going to head down to the 1.35 handle, which is massively supportive. With that, we are not willing to sell this market at this point in time, as we believe the buyers will step in and push this market higher. If we break the top of the shooting star, that would be positive and we would start buying. On the other hand, if we find a supportive candle near 1.35, that’s a good sign as well.
