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.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
