EUR/USD Forecast April 21, 2017, Technical Analysis

The EUR/USD pair broke higher during the session on Thursday, breaking above the 1.0750 level. Because of this, the market looks as if it is ready to continue going higher, perhaps reaching towards the higher part of the previous channel, as we should then go to the 1.09 handle. I believe short-term pullbacks are buying opportunities, as this pair looks like it is going to continue grinding its way to the upside, but quite frankly I’m not looking for explosive moves, just a gentle grind to the up side over the longer term. - 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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