The EUR/USD pair continues to look very volatile, and I believe longer-term it will show bullish pressure. However, it looks as if we may drop slightly
The EUR/USD pair continues to look very volatile, and I believe longer-term it will show bullish pressure. However, it looks as if we may drop slightly during the session on Wednesday, but quite frankly it’s only a matter of time before the buyers return and a supportive candle could be a nice buying opportunity. In the meantime, there are a lot of moving pieces and I believe that simply waiting for a supportive candle to go long as the best thing you can do. Ultimately though, I think it’s only a matter of time before the buyers return.
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.
