The EUR/USD Pair rose slightly during the Wednesday session, but found sellers above again. The markets will be paying attention to the interest rate statement coming out of the ECB today, looking for clues of further QE out of Brussels. This should provide either bearish pressure, of a “sell on the rallies” type of marketplace. The 1.32 level above should continue to be resistive, and as a result we would be sellers at that area, based upon bearish short-term candles. The market isn’t one we can buy until we get above the 1.33 level.
