The EUR/USD pair went back and forth during the course of the day on Tuesday, testing the 1.10 level for support. We did find it there, we still believe that there is a significant amount of support extending all the way down to the 1.09 handle. With this, we are more likely to start buying the Euro than selling it, but we do not have the right set up at the moment. Because of this, we remain on the sidelines but look for supportive candles in order to get involved as buyers.
