Good morning everyone. We were able to capture Friday's market just fine with a decent gain. Today, I'm expecting the US Dollar to initially weaken then gain some strength. I'm adding a few pairs as hedged currency pairs to offset the trading risk. Gold, I'm seeing the rise to resume.
Currency Outlook
US Dollar : Mixed Sentiments (Weak then Strong)
Short : EUR/USD
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.36683 and 1.36943.
Fundamental Watch
- Construction PMI
- Trade Balance
- Cash Rate
- RBA Rate Statement