EUR/USD Forecast April 26, 2017, Technical Analysis

The EUR/USD pair broke out during the day on Tuesday, as we continue to see bullish pressure. I believe the market is probably going to reach towards the 1.10 level above, which is a large, round, psychologically important number. The market certainly seems to be favoring the upside, and because of this I believe that buying short-term dip should continue to be the way to go going forward as the French elections look less anti-EU than feared. A break above the 1.10 level could send this market much higher 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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