EUR/USD Forecast April 22, 2016, Technical Analysis

The EUR/USD pair initially tried to rally during the course of the session on Thursday, but turn right back around to form a massive shooting star. Having said that, there is a lot of support just below the 1.1250 level, and as a result a supportive candle could turn this market right around to bounce back to the top of the candle for the Thursday session, and as a result it looks as if we may see quite a bit of choppiness but short-term traders may find this a great market to be involved in.