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EUR/USD Forecast September 15, 2017, Technical Analysis

By:
Christopher Lewis
Updated: Sep 15, 2017, 04:25 GMT+00:00

The EUR/USD pair drifted back and forth during the session on Thursday, as the markets look relatively quiet overall. With the exception of the British

EUR/USD daily chart, September 15, 2017

The EUR/USD pair drifted back and forth during the session on Thursday, as the markets look relatively quiet overall. With the exception of the British pound, there wasn’t much in the way of market moving momentum, and I think that this pullback has been good for the market overall, that I think will eventually rally from here. However, there is plenty of support below at the 1.18 handle, and we may need to build up enough momentum to finally break above the 1.20 level. Ultimately, this is a market that should continue to be volatile, but I think that this pullback is going to be healthy for an extended rally that we have seen.

EURUSD analysis Video 15.9.17

About the Author

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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