EUR/USD Forecast March 29, 2017, Technical Analysis

EUR/USD daily chart, March 29, 2017
EUR/USD daily chart, March 29, 2017

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.

Written by FX Empire