The EUR/USD pair as you can see rose during the course of the session on Wednesday, testing the 1.32 level. The area has been resistive, and you can see that the gap lower that happened at the beginning of the week is still in effect, and it should be resistance though so as far as we can see, it should offer nice selling opportunities. All we are waiting for it is a resistant candle in order to start selling, but we don’t have a quite yet. With that, we believe that the market will probably go to the 1.30 handle, but we do not have the signal yet.
