EUR/USD To Proceed Long Above Barrier Levels 1.36873 And 1.36573
Forex Watchers | Oct 22, 2013 02:01AM ET
Monday’s forecast headed in our direction for the most part, in fact all pairs behaved close to what we had thought possible, especially the EUR/USD, GBP/USD, USD/CHF and EUR/JPY. As we had thought the US Dollar did strengthen overall and the yen weakened. Today the US dollar is a bit hard to read, the Japanese yen could strengthen. Adding two hedged pairs to offset the trading risk.
Forecasts Outlook
US dollar: Mixed Sentiments
Today we're expecting the EUR/USD to proceed long above the barrier levels of 1.36873 and 1.36573.
Fundamental Watch
- Core Retail Sales m/m
- Non-Farm Employment Change
- Unemployment Rate
- CPI q/q
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