EUR/USD To Proceed Short Below Barrier Levels 1.36937 And 1.36636
Forex Watchers | Dec 22, 2013 11:13PM ET
Our previous forecasts headed in our direction for the most part, especially the USD/CAD and EUR/JPY. We did have a sidelined day and pairs were erratic. The Japanese yen weakened slightly and US dollar had mixed sentiments. Today we only have one fundamental news item coming out that could affect the Canadian dollar. We could see a strong US dollar and the yen could be sidelined. Adding one hedged pair 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 1.36937 and 1.36636.
Fundamental Watch
- GDP m/m
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