EUR/USD Forecast April 24, 2017, Technical Analysis

The EUR/USD pair had a volatile session as we broke below the bottom of the shooting star from the previous session which of course is a negative sign. However, I see a lot of noise just below current trading area and it appears that it’s only a matter of time before we bounce around. I still believe that we go higher over the longer term, but is going to be more of a grind than anything else. There are a lot of concerns and Europe, so we’ll have to wait and see whether the shakeout, and quite frankly it wouldn’t necessarily be a bad idea to stay away from this pair. - 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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