EUR/USD Forecast April 13, 2017, Technical Analysis

The EUR/USD pair had a slightly positive session on what would have been a basically quiet session during the Wednesday trading session. I believe that the market still has a lot of negative pressure on it though, and as a result I believe that a breakdown below the 1.0580 level sends this market lower. Alternately, if we can break above the 1.07 handle, I feel that the market continues to go higher. Expect a lot of choppiness and noise when it comes to the headlines out there, as the market is looking for direction. - 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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