EUR/USD Forecast January 25, 2016, Technical Analysis

The EUR/USD pair initially tried to rally during the day on Friday but turned back around and crashed into the 1.08 level. Because of this, we feel that this market simply isn’t ready to make any serious moves, but we could drop a little bit from here. After all, we have been grinding away sideways with a slightly negative tilt. We believe this is going to continue but really at this point in time would prefer to see some type of rally that show signs of exhaustion in order to sell going forward. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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