EUR/USD To Proceed Short Below Barrier Levels 1.34867 And 1.34572

 | Jul 24, 2014 03:00AM ET

We seem to have had a moderate forecast for yesterday with 4 out of the 7 pairs conforming to our forecast. For our watchlist we have the euro, pound, New Zealand dollar and US dollar pairs. The dollar is a bit hard to read for today while the yen may gather some steam. Adding two hedged pairs to offset the trading risk.

Forecasts Outlook
US Dollar: Strong

Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.34867 and 1.34572.

Fundamental Watch
- French Flash Manufacturing PMI
- German Flash Manufacturing PMI
- Retail Sales m/m
- Unemployment Claims
- New Home Sales
- ANZ Business Confidence