EUR/USD Forecast July 3, 2017, Technical Analysis

EUR/USD daily chart, July 03, 2017

The EUR/USD pair pulled back slightly during the day on Friday, as one would expect as we had gotten overextended. A pull back the show signs of support should be a buying opportunity though, and that’s exactly what I will be waiting for. I would love to buy this pair near the 1.13 handle, but I recognize we may not even go that low. I have a target of 1.15 longer term. I am a “buy on the dips” trader when it comes to this pair, and have no interest in selling in the short term.

Written by FX Empire