EUR/USD Forecast March 21, 2017, Technical Analysis

The EUR/USD pair initially try to rally on Monday but found enough resistance just below the 1.08 level to turn around. I believe we will probably fall from here, but only for the short-term. This is a market that will continue to be very volatile, as we are on central bank watch now, meaning that this market will be choppy again and again, and I recognize that the 1.06 level below could be massively supportive. If we did break above the 1.08 handle, the market should then continue to go higher. At that point, I would expect 1.09 to be tested. - 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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