EUR/USD Forecast March 13, 2017, Technical Analysis

The EUR/USD pair broke higher during the day on Friday, slicing through the 50-day exponential moving average. This is a very bullish candle, and I believe that the upward momentum will continue to push into we reach the 1.0750 level above. And exhaustive candle could be a selling opportunity, but I would need to see that on the daily chart in order to do so. Ultimately, this is a market that will continue to be choppy, but it’s certain that the buyers are in control at least in the short term going forward. - 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.

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