The EUR/USD pair went back and forth during the course of the day on Friday, eventually settling on a slightly positive candle. The candle is in quite a shooting star, but it does look similar. Because of this, we think that the pair may drop from here, as the US dollar looks very positive at this point. It is strengthening against several currencies in the form of shooting stars in hammers as support and resistance, so it’s very likely that the US dollar should strengthen in general during the session. With that, and a break down below the bottom of the range for the Friday session, we would be sellers.
