EUR/USD Forecast December 1, 2016, Technical Analysis

The EUR/USD pair fell on Wednesday, showing quite a bit of bearish pressure. At this point, it looks as if the market will break down below the 1.05 level below which has been so supportive, and should reach towards the parity level next. Because of this, I believe that every time we rally and show signs of exhaustion it’s time to start selling yet again. I have no interest in buying this pair, and believe that the Euro is going to continue to suffer at the hands of the greenback. Parity of course will be a major battlefield. - 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