The EUR/USD pair pulled back slightly during the day on Friday, as one would expect as we had gotten overextended. A pull back the show signs of support should be a buying opportunity though, and that’s exactly what I will be waiting for. I would love to buy this pair near the 1.13 handle, but I recognize we may not even go that low. I have a target of 1.15 longer term. I am a “buy on the dips” trader when it comes to this pair, and have no interest in selling in the short term.
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EUR/USD Forecast July 3, 2017, Technical Analysis
The EUR/USD pair pulled back slightly during the day on Friday, as one would expect as we had gotten overextended. A pull back the show signs of support
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About the Author
Christopher LewisSenior Analyst
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.
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