The Euro initially continued to climb at the open on Tuesday but has found gravity still exists. Because of this, the market pulled back towards the 1.17 handle, an area that obviously is a large, round, psychologically significant figure that people would be paying attention to. With that in mind, I think it is only a matter of time before we find buyers yet again. As I write this, they are starting to show up at that big figure.
For the full article:
https://www.fxempire.com/forecasts/article/eur-usd-price-forecast-euro-drifts-slightly-lower-2-663574/
Find more information about Forex and Commodities News (https://www.fxempire.com/news), Technical Analysis (https://www.fxempire.com/forecasts/technical), Fundamental Analysis (https://www.fxempire.com/forecasts/fundamental) and Brokers (https://www.fxempire.com/forex-brokers) on FX Empire (https://www.fxempire.com/).