The EUR/USD pair fell during the session on Friday, crashing into the 1.20 handle. This is a major level as far as support is concerned, as it was the area that the market bounced from several times in the last five years. With that, we would not be surprise at all to see buyers step in, but at this point in time we do not have a candle to start going long. With that, we are going to step away from this market for the next 24 hours, and wait to see what the next daily candle brings up this all-important level.
