EUR/USD Forecast November 11, 2016, Technical Analysis

The EUR/USD pair initially rallied at the open on Thursday, but then continued the bearishness that we have seen. It looks as if we are pressing against the 1.0850 level below, and we could continue to go even lower. Any rally now will more than likely be an opportunity to start selling at a higher level, and I would do so as soon as we saw some type of exhaustive candle. Because of this, I feel that selling is the only thing that you can do in this market but you may have to wait for a better entry point. - 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.

All prices herein are provided by market makers and not by exchanges. As such prices may not be accurate and they may differ from the actual market price. bears no responsibility for any trading losses you might incur as a result of using any data within the