EUR/USD Forecast September 16, 2015, Technical Analysis

The EUR/USD pair fell during the course of the session on Thursday, in order to show signs of weakness. However, we think that this pullback will eventually attract traders. In the meantime, we also recognize that the Federal Reserve will more than likely be the focus, as the recent consolidation area that continues to be the domain of this pair. It is not until we get that interest-rate announcement and more importantly the statement that there will be clarity. With this, we are simply standing on the sidelines when it comes to trading this particular market until after Thursday

 

 

 

 

 

 

 

EUR/USD Forecast September 16, 2015, Technical Analysis