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EUR/USD Forecast October 14, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 14 October 2015 06:56 UTC

The EUR/USD pair went higher during the course of the session on Tuesday, trying to break above the 1.14 level again. This is an area that has caused quite a bit of resistance previously, so it’s not a surprise that we failed. However, if we break above the top of the range of the session on Tuesday, we feel this market will then reach towards the 1.15 level. That is an area that is massively resistive, so we believe that a break above there could in fact be a trend change. We have no interest whatsoever in selling at the moment, and believe that pullbacks will continue to offer buying opportunities.

 

 

 

 

 

 

 

EUR/USD Forecast October 14, 2015, Technical Analysis

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