SasoKlobucaric

EUR/USD forecast 25-26 November 2015

FX:EURUSD   Euro/U.S. Dollar
EUR/USD             short

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Recently

I decided to sell EUR/USD             on Monday hoping to go down further after it hadn't been able to break above 1.0762 level in the previous week on Draghi words "what ever it takes". After better than expected PMI numbers the pair resided in the range 1.0592 - 1.0657 on Tuesday night. That day was determined by Russian air plane shooting down so EUR/USD             wasn't able to go down in London and New York session as well on risk off sentiment. The highest weekly level 1.0689 was achieved on Wednesday morning before the pair lost its ground afternoon and the Euro             currency dropped below 1.06 level against the Dollar on more stimulus expectations from the ECB at the meeting next Wednesday.

Ahead

Now, I am going to wait that Thanksgiving Holiday passes.
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