The EUR/USD pair found traction during the Thursday session as we plowed through the 1.30 handle finally. If you been watching our videos, you know that I had anticipated this being the “middle point” of a larger consolidation area, and it now looks like we are ready to start bouncing around in the upper half. With that being the case, the 1.30 level should offer support, and the market will more than likely try to grind its way up to the 1.32 handle. That being the case, we are buyers on short term pullbacks to show signs of support.
Written by FX Empire