The EUR/USD pair broke higher during the course of the day on Tuesday, clearing the 1.25 level yet again. This market continues to slice back and forth, so therefore we feel that this market will eventually turned back around and had much lower. We are looking for resistive candles in order to start selling again as the Euro continues to underperform almost everything else out there. The market is still heading to the 1.2050 level far as we can sell, and therefore we are very bearish. It is not until we clear the 1.28 level that we would even consider buying.
