The EUR/USD pair went back and forth during the course of the week, eventually forming a neutral candle. It appears that the market is trying to find a little bit of support so we can bounce, but quite frankly the uptrend line from the ascending triangle that had previously been controlling the market should continue to offer quite a bit of resistance. Any rally at this point in time that show signs of exhaustion should be a selling opportunity as the market will then reach down towards the 1.05 handle.
