EUR/USD Forecast June 29, 2016, Technical Analysis

EUR/USD  rallied initially during the Tuesday, filling the gap from Monday. However, you can see that we turn right back around and we are now looking towards a drift below the 1.10 level. If we can break down below there, market could continue to go lower and I still believe that short-term rallies will offer selling opportunities.On short-term charts EUR/USD is certainly bearish and there are many unknowns factors regarding the European Union.

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