EUR/USD Forecast September 5, 2016, Technical Analysis

The EUR/USD pair initially tried to rally during the course of the session here on Friday, but turn right back around to form a bit of a shooting star I find this interesting due to the fact that the jobs number was so poor, but I think this is more or less a safety run than anything else. At this point, I believe that short-term rallies will more than likely offer short-term selling opportunities but beyond that I don’t really see much in the way of a trading opportunity in this market at this point in time.

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