EUR/USD Forecast January 12, 2016, Technical Analysis

The EUR/USD pair fell a bit during the course of the session on Monday, but found enough support later in the day to turn things around and form a somewhat significant rally by the time the market close. With this, it looks like we’re going to simply grind away sideways and continue to be very volatile. With that being the case, we don’t have any interest in trading this market right now as there is more than enough volatility to keep us concerned and of course look for opportunities in other markets.

EUR/USD Forecast January 12, 2016, Technical Analysis