EUR/USD Forecast April 9, 2014, Technical Analysis

The EUR/USD pair broke higher during the session on Tuesday, reaching all the way to the 1.38 level. This was our short-term target, and now we have succeeded in what we anticipated happening. That being the case, if we can break above the highs from the session on Tuesday, we feel that this market will then grind its way back up to the 1.39 level given enough time. That being the case, we think that pullbacks should offer buying opportunities over and over again as the market continues to grind its way higher.