WorldForex_Eng

EUR/USD Bulls are under the pressure

FX_IDC:EURUSD   Euro / U.S. Dollar
The currency pair attempted to attack 1,1500 area last week, but failed to do this. The FOMC expectations and Italian problems along with Brexit pushed the currency pair lower.

EUR/USD Friday’s fluctuations resulted in the currency pair approaching 1,1300 again. We recommend waiting for the signals close to 1,1300 and to buy the currency pair in case of reverse opportunity. If EUR/USD breaks through 1,1300, we advice to open short positions.

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