The EUR/USD pair broke down during the session on Tuesday, slicing through the 1.35 handle with ease. That shows real weakness, and as a result we feel that the market should continue to go lower, probably heading to the 1.33 level before it’s all said and done. Any rally on the short-term charts should be treated with suspicion, and as a result we would be more than willing to sell a resistant candle that appears after a slight bounce. On the other hand, if we break down below the bottom of the range for the day, we feel that this market can be sold again.
