EUR/USD Forecast February 13, 2014, Technical Analysis

The EUR/USD pair fell during the session on Wednesday, breaking the bottom of the shooting star that had formed on Tuesday. That being the case, we dipped below the 1.36 level, but bounced a little bit off of the 1.3550 level by the end of the day, showing just how choppy this market is going to continue to be. We believe that the 1.35 level is massively supportive though, but need to see some type of supportive candle in order to start buying down there. Essentially, if you are not sure this market already, it’s difficult to enter now.