Trading & Wealth Management

EUR/USD forecast for the week of March 27, 2017 based on technical analysis

The EUR/USD pair fell during trading session on Friday, but found enough support at the 1.0750 level to turn these around to form a hammer. Today market gaped up. So pair seems to be free to go to the 1.09 handle, and then eventually the 1.10 level above that. Pullbacks should continue be buying opportunities untill we see an exhaustive candle. The dollar has weakened across the board because of the fact that the Trump team could not push through the healthcare bill  and this supports EUR bulls as well.

EUR/USD forcast for the week March 27, 2017 from Lady F, Inna Rosputnia