EUR/USD Forecast February 12, 2016, Technical Analysis

The EUR/USD pair broke a little bit higher during the course of the session on Thursday, as we continue to see strength. This is a pair that should reach towards the 1.15 level, given enough time. We have no interest in selling this market, and every time we pullback will be looking to buy the Euro going forward as Janet Yellen has suggested that the Federal Reserve is probably going to have to wait to do anymore interest-rate hikes. Because of that, one of the major reasons for the US dollar to strengthen has been blown away.