EUR/USD Forecast October 4, 2016, Technical Analysis

The EUR/USD pair fell slightly during the course of the session on Monday, and as a result I feel that there is more than enough support below to eventually find buyers, and I believe that the 1.1150 level below is massively supportive. A supportive candle is reason enough to start going long, as we will eventually try to reach towards the top of the consolidation. However, I would be the first to admit that I don’t have too much in the way of interest when it comes to trading this particular pair at this moment in time.

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