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The EUR/USD pair broke higher during the week, slicing through the 1.13 level, and even broke above the 1.14 level during the week. However, we are a bit overextended, so I think that pullbacks should be buying opportunities, and that the 1.13 level should be supportive. Nonetheless, I believe that the longer-term we will go to the 1.15 level, which is a much more significant resistance barrier. Value should be found in this market relatively soon, and therefore I remain bullish but also am looking for lower pricing and support to get involved.

EUR USD Forecast Video 03.7.17

This article was originally posted on FX Empire

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