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EUR/USD Forecast April 11, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Monday, 11 April 2016 05:26 UTC
The EUR/USD pair rose slightly during the course of the session on Friday, as we continue to see the market bounce around and go back and forth just below the 1.14 handle. If we can break above the top of the range that we’ve seen over the last couple of days, it’s possible that we will make a move towards the 1.15 handle. However, a pullback would probably offer enough value that it would make it a better trade for us to go long. We have no interest in shorting the Euro at this point in time, as the move higher has been strong.

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