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EUR/USD Forecast: September, 20 2013

Published 09/20/2013, 02:34 AM
Updated 05/14/2017, 06:45 AM

Thursday’s forecast headed in our direction for the most part, in fact all pairs behaved close to what was thought possible, especially GBP/USD, USD/CAD, and the two oceanic pairs the AUD/USD and NZD/USD. As we had expected the US dollar did strengthen overall. but the pairs did not have enough strength to reach our blue zones. The Japanese yen has also been on a weak spell, and there could be a hint of a strong spell coming in the weeks to come. Today we are going to take a strong outlook on US dollar and Japanese yen is a bit hard to read. Not adding a hedged pair to offset the trading risk.


Forecasts Outlook
US Dollar: Strong

Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.35737 and 1.35446.

Fundamental Watch
- Core CPI m/m
- FOMC Member Bullard Speaks

<span class=EUR/USD" title="EUR/USD" src="https://d1-invdn-com.akamaized.net/content/pice554c4bbcda5b7818b2eb917d5566993.jpg" height="587" width="454">

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