EUR/USD Forecast September 21, 2016, Technical Analysis

Daily Forex Reports | by FX Empire | Wednesday, 21 September 2016 06:56 UTC
The EUR/USD pair initially tried to rally during the course of the session on Tuesday, but turned back around to form a massive shooting star. The market looks as if it is trying to break down below here, perhaps trying to reach down below the 1.11 handle. Once it does drop down there, I believe that the market is going to reach towards the 1.10 handle. Any breakout in the market and above the top of the shooting star for the day on Tuesday could be an opportunity to start selling exhaustive candles at higher levels.

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