The EUR/USD pair fell slightly during the course of the week, as we continue to grind lower. At this point in time, we think that the market could very
The EUR/USD pair fell slightly during the course of the week, as we continue to grind lower. At this point in time, we think that the market could very well struggle and continue to fall from here. However, there should be a significant amount of support near the 1.10 level below, so more than likely we will bounce from there, so this is going to be a market that although volatile, certainly looks like it’s going to continue to be bearish. Quite frankly, we prefer to trade this market off of shorter-term charts though.
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.
