EUR/USD Forecast October 8, 2015, Technical Analysis

The EUR/USD pair fell during the course of the session on Wednesday, as we took back about half of the gains from Tuesday. This market continues to bounce around between the 1.11 level on the bottom, and the 1.13 level on the top. With that, it is far too tight for us to be bothered with, but ultimately we do think eventually the buyers come in to favor, and pushes market much higher and towards the 1.15 level. That being said, we are not willing to go long until we build a break above the 1.1325 handle.

 

 

 

 

 

 

 

EUR/USD Forecast October 8, 2015, Technical Analysis