EUR/USD Forecast February 4, 2016, Technical Analysis

The EUR/USD pair broke down during the day on Wednesday, slicing through the 1.1050 level at one point during the day. Because of this, looks as if the market is ready to continue going higher, and therefore any pullback at this point in time would have to be thought of as value in the Euro. This is what we’ve been waiting for, some type of impulsive move in one direction or the other and it appears that the buyers have fallen taken control at this point in time. We have no interest in selling now. - 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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