EUR/USD Forecast September 3, 2015, Technical Analysis

The EUR/USD pair fell slightly during the course of the session on Wednesday, as we continue to go back and forth and simply grind away. With this, the market looks very tight and as a result we are going to stay on the sidelines in the short-term, because we recognize that the ECB interest rate and press conference will of course move the markets they, but we also have the jobs number coming out of the United States tomorrow. This is going to be one of the most dangerous Forex pairs to trade at the moment, and as a result we will step on the sidelines.