The EUR/USD pair went back and forth during the session on Friday, as we continue to hover in a fairly tight consolidation zone. With that being the case, we are not interested in plain this market at the moment but would be interested in buying at the 1.35 level as it is massive support, or selling at the 1.37 level as it is massive resistance. In the meantime, we really don’t see this market making any major moves shortly, as it just simply seems to be stock in this general area. Because of this, we are essentially on the sidelines.
