EUR/USD Forecast: Pair Bangs Around in the Same Rectangle

  • The EUR/USD currency pair has rallied on Thursday to show signs of continuation in the same range that we have been in.
  • The question now is whether or not we continue to see put downward pressure over the longer term, or if we see an attempt to turn things around.
  • I don’t think that we are anywhere near changing the trend, and the fact that Friday is the Non-Farm Payroll announcement has not escaped my attention.

Ethan Andrews

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