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EUR/USD To Proceed Long Above 1.13012 And 1.1270

Published 09/17/2015, 01:27 AM
Updated 05/14/2017, 06:45 AM

Good morning. Hope all is well! We seem to have had a 100% accuracy on our direction/reaction from our supply/demand zones. However, later in the day markets abruptly turned around. That is the move we were expecting. Markets came around and then later in the day started a new move.

Swiss franc, British pound and US dollar pairs are on our watch list today, with majority of the fundamentals coming out that could affect the greenback, we could be in for a very busy day. We could see a weak US and yen. We're adding two hedged pairs to offset the risk. Happy Trading!

Forecasts Outlook

  • US Dollar: Weak
  • Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.13012 and 1.12708.

Fundamental Watch

EUR/USD Chart

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