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EUR/USD Forecast October 15, 2015, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 15 October 2015 06:30 UTC

The EUR/USD pair broke higher during the course of the session on Wednesday, slicing through the 1.14 level. By doing so, it shows significant strength, and the likelihood that this market will continue to try to reach towards the 1.15 handle. That is an area that should be massively resistive, so if we can get above there is very possible that this could be the beginning of a complete trend change. We buy pullbacks at this point in time, and have no interest whatsoever in selling as the uptrend looks very likely at this point.


 
EUR/USD Forecast October 15, 2015, Technical Analysis

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