The EUR/USD pair fell slightly during the course of the session on Wednesday, as we continue to try to find buyers just below. I believe the actual
The EUR/USD pair fell slightly during the course of the session on Wednesday, as we continue to try to find buyers just below. I believe the actual “floor” at the 1.12 level below will continue to keep the market supportive for the Euro. I believe that given enough time that we get some type of buying signal, but I don’t have that on the chart right now. With this being the case, I believe that the market continues to try to build up enough momentum to break out to the upside but in the silver liquid time it’s difficult to get its footing.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
