The EUR/USD pair rose slightly during the course of the session on Tuesday, as the 1.13 level has offered support. Ultimately, this market should then head to the 1.15 level given enough time. However, we need to break above the top of the candle for the session on Tuesday to start putting money to work. With no interest in selling, because we see far too much in the way of support just below. With this, we are actually going to be more comfortable on the sidelines until we get a clearer impulsive move.
EUR/USD Forecast September 2, 2015, Technical Analysis