EUR/USD Forecast January 15, 2015, Technical Analysis

The EUR/USD pair went back and forth during the course of the session on Wednesday, showing a confused and stubborn market. Ultimately, we believe that this market will probably find some type of support in this area as the 1.18 level is so important. However, we have to wait to see some type of candle that can be bought, and we simply do not have that right now. With that, we are sitting on the sidelines of this market but are most certainly pain attention to it going forward as it should make a pretty significant move.

 

EUR/USD Forecast January 15, 2015, Technical Analysis