The EUR/USD pair tried to rally initially during the day on Tuesday, but as you can see the 1.32 area has offered resistance again. With that being the case, the market seems like it’s ready to continue the move downwards, especially considering that the daily candle ended up being a short shooting star. The market should head to the 1.30 level, which is the next area that we believe support is to be found. Ultimately though, we think the market will probably go as low as 1.28 given enough time. We have no interest in buying this market.
