EUR/USD Forecast June 6, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Sunday, 05 June 2016 06:02 UTC
The EUR/USD pair broke higher during the course of the session on Friday, as we got a horrible jobs number coming out of the United States. That being the case, the US dollar fell rather significantly. With that being the case, it’s likely that the market will continue to go higher, as we have seen such a bullish turn around in the EUR/USD pair. Ultimately, this market will test the 1.15 level given enough time, and perhaps even break out above there as expectations with the Federal Reserve will have certainly changed at this point in time.

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