EUR/USD To Proceed Long Above The Barrier Levels 1.35252 And 1.35553
Forex Watchers | Nov 21, 2013 01:15AM ET
Wednesday’s forecasts was a bit of a turmoil, markets basically behaved opposite to what we had thought possible. The US dollar strengthened overall together with the Japanese yen. Today we could see US dollar letting off some steam from the strong moves that occurred yesterday, however we may not have the power to reach our blue zones on some pairs. Not adding any hedged pairs to offset the trading risk.
Forecasts Outlook
US dollar: Weak
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.35252 and 1.35553.
Fundamental Watch
- BOJ Press Conference
- French Flash Manufacturing PMI
- German Flash Manufacturing PMI
- RBA Gov Stevens Speaks
- Unemployment Claims
- Philly Fed Manufacturing Index
- German Buba President Weidmann Speaks
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