The EUR/USD pair went back and forth during the session on Friday, testing the 1.35 region for support. However, at the end of the day we really didn’t do much, and as a result we feel that this market will continue to be one that’s difficult to buy as it seems the market is so ready to try and break down. Rallies will continue to be suspect, and as a result we believe that all trades, in either direction, need to be short-term at best as the market should continue to chop along due to uncertainty.
