EUR/USD Forecast July 22, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Friday, 22 July 2016 07:22 UTC
The EUR/USD pair went back and forth during the course of the session on Thursday, as we continue to bounce around the 1.10 level. This is an area that has been very supportive recently, and of course the bottom of the overall consolidation area. I do think that eventually we break down though, so move below the bottom of the range for the Thursday session has me selling this pair. Any rally at this point in time should be a selling opportunity given enough time and signs of exhaustion. With this, I have no interest in buying.

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