The EUR/USD pair fell during the session on Tuesday, testing the lows again and even managed to break them at one point during the day. This market looks a very broken at this point, and we see no reason whatsoever why this market shouldn’t head back down to the 1.33 level. In fact, we believe that short-term rallies will be opportunities to sell this pair, as the US dollar continues to reign supreme. In fact, we believe that this market will find a ton of resistance above the 1.35 handle as well, and as a result we are bearish, even if we rally.
