EUR/USD broke higher during the course of the session on Friday, as we got a horrible jobs number coming out of the United States. That being the case, the US dollar fell rather significantly. With that being the case, it’s likely that the market will continue to go higher, as we have seen such a bullish turn around in the EUR/USD pair. Ultimately, this market will test the 1.15 level given enough time, and perhaps even break out above there as expectations with the Federal Reserve will have certainly changed at this point in time.
- Weekly Forecast for EUR/USD: Bullish (Positive)
- Dont forget that the Financial markets are closed until Monday.
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