Our previous forecasts headed in our direction for the most part, especially the EUR/USD, the Oceanic Pairs and EUR/JPY. Today we have a few fundamental item coming out that could affect the US Dollar and the Australian Dollar. We could see a strong US sollar and sidelined yen. Adding one hedged pair to offset the trading risk.
Forecasts Outlook
US dollar: Strong
Today we're expecting the the EUR/USD to proceed Short below the barrier levels of 1.36403 and 1.36100.
Fundamental Watch
- ADP Non-Farm Employment Change
- FOMC Meeting Minutes
- Building Approvals m/m
- Retail Sales m/m
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