EUR/USD Forecast July 11, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Monday, 11 July 2016 06:05 UTC
The EUR/USD pair went back and forth as it typically does during a Nonfarm  payrolls on Friday, ultimately settling on a slightly negative candle. The United States added more than expected as far as jobs are concerned, but having said that the Euro has a lot of other issues to worry about in the European Union such as banking problems, and of course the fact that the United Kingdom has voted to leave. With this, I believe that we will continue to see bearish pressure but it will be very choppy going forward.

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