The EUR/USD pair went back and forth during the course of the session on Friday, as we continue to hang about the 1.09 level. That being the case, the market looks as if it does one to break down, as the 1.10 level has of course been very resistive. If we can break down below the bottom of the range for the session on Friday, we should then head down to the 1.05 level, where there has been quite a bit of support in the past. We have no interest in buying the Euro right now.
