EUR/USD Forecast April 1, 2014, Technical Analysis

The EUR/USD pair rose during the session on Monday, but had a very volatile trading range as we went back and forth. Ultimately, the market only gained fractionally, and as a result we are still my convinced that buying this market as possible. In fact, one has to wonder whether or not it’s going to be able to continue going higher based upon the fact that he gave back so much by the end of the day. With that, we are on the sidelines, as we expect the choppiness to continue for the foreseeable future.

 

EUR/USD Forecast April 1, 2014, Technical Analysis