The EUR/USD pair went back and forth during the course of the week in what would’ve been recognized as a rather volatile candle. However, it looks as if
The EUR/USD pair went back and forth during the course of the week in what would’ve been recognized as a rather volatile candle. However, it looks as if the market should then reach down to the 1.05 handle. Any rally at this point in time it should be thought of as a selling opportunity though, at least as long as we are below the uptrend line that sits above. Ultimately, the market looks very soft, and as a result we think that selling is the only thing that you can do at this point.
EUR/USD forecast for the week of November 23, 2015, Technical Analysis
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.
