On Friday we did end up seeing mixed sentiments in terms of the market swings. The Oceanic pairs performed exceptionally well. Today, I'm expecting the US Dollar to gain strength. Now although on many of my images it shows a Buy area - that is my overall outlook which may not trigger until late in US Session. For now expecting a stronger US Dollar.
Currency Outlook
US Dollar : Strong (overall Weak)
Long : EUR/USD
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.22201 and 1.22644.
Fundamental Watch
- Fed Chairman Bernanke Speaks
- Canada Bank Holiday