The EUR/USD pair fell during the session on Tuesday, as and found support somewhere around the 1.3280 level. With this being said, it looks visible pullback after the breakout and now we have to wait and see if we get the supportive action in order to start buying again. Because of this, we are still bullish of the Euro, but recognize the fact that we need to be a little bit more patient in order to get a “clear signal.” Going forward, we still think this market goes higher and as a result we are not looking to sell now, rather simply being patient enough to see a hammer or other such bullish candles in order to start buying.
Written by FX Empire