The EUR/USD pair broke higher during the course of the session on Thursday, clearing the top of a couple of neutral candles. By doing so, it appears that the market will more than likely try to get to the 1.55 level, where we would anticipate seeing quite a bit of resistance. With that, we would be sellers on a resistant candle, as the market is most certainly in a massive downtrend. That being said, we do not have a sell signal yet, so we are simply sitting on the sidelines at the moment.
