The EUR/USD pair broke higher during the course of the day on Tuesday, but turned back around and gave up about half of the gains. With that being said, the market looks as if it is one that although was relatively positive for the session on Tuesday, should continue to bring in sellers again and again. We ultimately believe that this market will go much lower, heading down towards the 1.2050 handle given enough time. We will continue to sell rallies, as the US dollar is without a doubt the strongest currency out there right now.
