Full Release at
TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews.
Good day forex traders and readers.
In the previous EUR/USD forecast we noted that currency pair did push further due to the bullish uplift. It tested the 1.14 region as expected in our forecast and had since eased off to the 1.12 resistance and support region. This was expected too from our previous forecast. 1.12 might function as a pivot with bullish momentum targeting 1.14 again.
Technical Analysis
Looking at the EUR/USD weekly chart above we note that the currency pair did indeed achieve the bullish target of 1.14. Once again congratulations to our readers. While our forecasts are right on the dot recently, it is my responsibility to remind you that forex is never 100%. Always practice proper money management.