EUR/USD Forecast August 23, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Tuesday, 23 August 2016 06:46 UTC
The EUR/USD pair initially fell during the day on Monday, but turned right back around and form a bit of a hammer. By doing so, looks as if we are trying to build up enough pressure to break above the 1.1350 in a. Once we get above there, the market could be free to go to the 1.15 handle, so this point in time you would have to be bullish. I believe pullbacks continue to find buyers, and the floor in the market right now is roughly the 1.12 handle. I have no interest in selling.

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