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
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.
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.
