EUR/USD pair broke higher during the course of the day on Tuesday, slamming into the 1.25 handle. Because of that, it appears that the market does in fact have some buyers left in it, but this is an area that should bring in quite a bit of selling pressure, and as a result we are waiting for some type of resistant candle in order to continue pushing this market lower in selling. We believe that this market has quite a bit to go as far as the downside is concerned, and therefore have no interest whatsoever in buying.
