EUR/USD Forecast January 15, 2016, Technical Analysis

The EUR/USD pair initially tried to rally during the course of the day on Thursday, but turned back around at the 1.0950 reason to turn this market into a negative candle for the day. It appears that the market is continuing to go negative overall, but it might take a while to get too much lower levels. Ultimately, we prefer to sit on the sidelines as the market is so choppy in general. The choppiness makes this market very difficult for most traders to be involved in, and with that we believe that there are easier markets to be involved in.

EUR/USD Forecast January 15, 2016, Technical Analysis