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EUR/USD Weekly Forecast 25 July 16

EUR/USD Weekly Forecast 25 July 16
Monday, July 25th, 2016 @ 2:20 pm by The Geek

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TheGeekKnows.com Learn Forex Trading and read exclusive EUR/USD Forecast and AUD/USD Forecast Reviews.

Good day forex traders.

Welcome to our weekly forecast of the popular currency pair. We have come a long way now, writing since 2008. Thank you for the support.

In recent weeks we have seen limited movement for the EUR/USD. Risk appetites alternate creating a ding dong environment. Many traders who do not seek to understand sentiments are caught unprepared.

Looking at the EUR/USD weekly chart above, we note that the currency pair had a bearish week. The bollinger bands remain useful as indicators of possible support and resistance. 1.0900 is likely the immediate support while 1.1180 may function as a bullish target.

Don’t miss the full forecast. Continue on to TheGeekKnows.com for the full review.

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