EUR/USD Forecast August 25, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Thursday, 25 August 2016 06:20 UTC
The EUR/USD pair fell slightly during the course of the session on Wednesday, as we continue to try to find buyers just below. I believe the actual “floor” at the 1.12 level below will continue to keep the market supportive for the Euro. I believe that given enough time that we get some type of buying signal, but I don’t have that on the chart right now. With this being the case, I believe that the market continues to try to build up enough momentum to break out to the upside but in the silver liquid time it’s difficult to get its footing.

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