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Weekly Forex Forecast
The Euro had a volatile week over the previous five trading sessions, but at this point, it is obvious that we are getting a bit exhausted. I think that we could see a short-term pullback over the next several days, retesting the 1.17 level, and then possibly breaking through there. If we do, I will anticipate seeing a lot of support near the 1.16 level, and even more so at the 1.15 level. It is likely that we will find value on a pullback because the market cannot go in one direction forever. I am still bullish, but I recognize we have gotten ahead of ourselves. GBP/JPY The British pound went back and forth during ... (full story)
