EUR/USD Forecast September 27, 2013, Technical Analysis

The EUR/USD pair fell during the session on Thursday, but remains around the 1.35 level as the market tends to go sideways. This market does need a pullback a little bit though, is simply been a little bit too strong recently. However, if we managed to break the shooting star to the upside from last week, we know that this market would go higher as it would show a significant gain of upward momentum. Selling is not a possibility now and will only bring out value hunters so we are going to wait for pullbacks to show signs of support.

 

EUR/USD Forecast September 27, 2013, Technical Analysis

Written by FX Empire