EUR/USD Forecast April 6, 2017, Technical Analysis

The EUR/USD pair went back and forth during the trading session on Wednesday, as we continue to stagnate near the 1.0650 handle. I think that this market is simply consolidating in a very tight range and should continue to do so. However, if we break down below the hammer from the Tuesday session, I would be a seller. Alternately, if we break above the shooting star from the Friday session of last week, I believe the market will reach towards the 1.0750 handle. Either way, at this point I do not have any money in the market. - 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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