EUR/USD has fallen from the shooting star to 1.38 as we predicted a few days ago. Because of this, 1.38 has shown signs of support as price essentially stopped on a dime at that point.
The forecast for this pair is going to be very simple: wait until we close on Friday to see where the price is. If we are closing above 1.38, then we are going back to 1.40 or higher. If we close below 1.38, then we are heading back down to 1.3450 or lower.
