EUR/USD Forecast May 19, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 19 May 2016 06:08 UTC
The EUR/USD pair fell slightly during the course of the day on Wednesday, as we continue to see quite a bit of volatility in this choppy market. However, we still have plenty of support just below, so at this point in time we feel that the market very well could bounce. At this point though, it looks like we are going to continue to see in of choppiness to keep us away from this marketplace right now. Given enough time, we think that this market will probably try to bounce towards the 1.15 handle, but right now it doesn’t seem to be happening very quickly.

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