EUR/USD Forecast September 26, 2016, Technical Analysis

The EUR/USD pair initially fell during the course of the session on Friday, but turn right back around to slam into the 1.1250 level above. With this, the market looks likely to find quite a bit of resistance, and as a result I would be willing to sell on exhaustive candle but we obviously don’t have one to take advantage of at the moment. With this being the case, I’m on the sidelines as we continue to see lower highs, but I must admit Friday is a very positive day so far.