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EURUSD To Proceed Long Above Barrier Levels 1.33946 And 1.34246

Published 11/14/2013, 01:23 AM
Updated 05/14/2017, 06:45 AM

Wednesday's forecasts headed in our direction for the most part, especially the EUR/USD, USD/CAD, USD/CHF, the Oceanic pairs and EUR/JPY. As we had thought, Japanese yen strengthened at the onset and later let off some steam. Today we could see a strong dollar and a sidelined yen. Not adding any hedged pairs to offset the trading risk.

Forecasts Outlook
US dollar: Strong

Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.33946 and 1.34246.

Fundamental Watch
- Retail Sales m/m
- Trade Balance
- Trade Balance
- Unemployment Claims
- Fed Chairperson-Designate Yellen Testifies

<span class=EUR/USD Chart" title="EUR/USD Chart" width="441" height="591">

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