EUR/USD To Proceed Short Below Barrier Levels Of 1.35838 And 1.35532
Forex Watchers | Oct 14, 2013 02:04AM ET
A good start to the week as Friday’s forecast headed in our direction for the most part, especially for the EUR/USD, GBP/USD, USD/CAD and USD/CHF. One of the two oceanic pairs did not have the strength to reach our blue zones but the other behaved very close to what we had thought possible. As we had expected there were some anti correlation moves on the pairs. Today we could expect the US dollar to strengthen together with the Japanese yen. Adding a 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 1.35838 and 1.35532.
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