EUR/USD Forecast June 2, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 02 June 2016 06:46 UTC
The EUR/USD pair initially fell during the course of the session on Wednesday, but then turn right back around as the Euro gained in general. It looks as if we are going to continue to bounce around in this area, and we see a significant amount of resistance near the 1.1250 level above that will more than likely keep this range going. At this point in time, this is a pair that probably is going to be very difficult to trade, especially considering that the European Central Bank has an interest rate decision coming out today.

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