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EUR/USD Forecast July 3, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 03 July 2015 07:16 UTC

The EUR/USD pair went back and forth after a lackluster employment number came out of the United States on Thursday. However, with more important to us is that we are still above the uptrend line, and of course the 1.10 level below which we considered to be the “floor” in this market. We also think that that floor extends down to the 1.09 level, so at this point in time we have no interest in selling. With the Athens referendum coming out on Sunday, we could see a bit of volatility but we still think pullbacks offer buying opportunities.


 

EUR/USD Forecast July 3, 2015, Technical Analysis

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