EUR/USD Forecast June 7, 2016, Technical Analysis

The EUR/USD pair did very little during the day on Monday, as we simply sat still. We are at the top of the candle from the Friday session, and as a result it looks as if there is quite a bit of bullish pressure underneath as we did not pullback significantly. If we fall from here, more than likely you will see supportive candles at you can serve buying based upon the fact that the jobs number in America was so horrific. At this point in time, I anticipate that the market will then reach towards the 1.15 level above, given enough time that is.

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