The EUR/USD pair broke higher during the course of the session on Tuesday as the Core Durable Goods Orders number came out light in the United States. Because of this, the US dollar sold off and the fact that we have the FOMC announcement coming out during the session today should continue to bring volatility into this marketplace. However, the 1.15 level above should be resistive, and as a result if we can find a resistant candle near that area we would not hesitate to start selling again. We have no interest in buying at this point.
