EUR/USD pair did fall during the course of the day on Wednesday, but bounce significantly in order to form a bit of a hammer. We continue to hang about the 1.34 level, and ultimately we believe that the real support is below, and much closer to the 1.33 handle. With that, we are looking to sell any rallies, and think that this pair will continue to be negative for the time being. However, we recognize that the nonfarm payroll numbers come out on Friday, so we could have a bit of slow trading during the session today.
