EUR/USD Forecast April 5, 2017, Technical Analysis

The EUR/USD pair initially fell during the day on Tuesday, but found support at the 1.0650 level to turn around and form a slightly supportive candle. If we can break down below that level, I believe that the market will then reach towards the 1.05 handle over the next couple of weeks. Alternately, if we can rally from here I’m going to be looking for selling opportunities if we can stay below the 1.0750 level. Above there, I would then switch to being a buyer. Either way, expect a lot of volatility over the next week or so. - 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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