Market Overview

Technical Forecast for EUR/USD



EURUSD held above 1.3310/00 & with daily charts becoming over sold we broke above1.3390/3400 to hit the next target of 1.3438 & topped out here. We have the momentum to continue higher today though & reach 1.3450/60 for selling opportunity with a top here expected. We can exit longs here & try shorts with a stop above 1.3480 for the next target of 1.3510/20. 
Good support today at 1.3388/78 if we drift lower so we can try longs here with a stop below 1.3350.

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