EUR/USD Forecast September 12, 2013, Technical Analysis

The EUR/USD pair rose during the session on Wednesday, reaching to the 1.33 level as you can see. We continue to think that this market is bullish, and as a result we think the market will go as high as 1.34 in the short term. Whether or not we can get above there is a completely different story of course, and we think that it’s more than likely that 1.34 is about as high as is market will get in the near-term. That being said, we are selling resistive candles up in that general vicinity, and willing to buy at this moment on short term charts.

 

EUR/USD Forecast September 12, 2013, Technical Analysis

Written by FX Empire