EUR/USD Forecast December 17, 2015, Technical Analysis

The EUR/USD pair had a fairly quiet session during the day on Wednesday, even though we had an interest-rate hike in the United States. After all, the market had already anticipated this. With that being said, there was in a whole lot to do, and therefore it appears as if this market will continue to grind in the same general vicinity that we have seen for some time now. At this point in time, we believe that it’s probably best to stand on the sidelines in the EUR/USD pair, as choppiness continues to be a major issue.

EUR/USD Forecast December 17, 2015, Technical Analysis