The EUR/USD pair went back and forth as it typically does during a Nonfarm payrolls on Friday, ultimately settling on a slightly negative candle. The United States added more than expected as far as jobs are concerned, but having said that the Euro has a lot of other issues to worry about in the European Union such as banking problems, and of course the fact that the United Kingdom has voted to leave. With this, I believe that we will continue to see bearish pressure but it will be very choppy going forward.
![EUR/USD Forecast July 11, 2016, Technical Analysis](http://c86cb244b7aa82d722df-bc886d861d799bf6b58e79429d5ca9ac.r8.cf2.rackcdn.com/www.fxempire.com/wp-content/uploads/2016/07/eurusd-6.jpg)