EUR/USD To Proceed Long Above 1.11316 And 1.11009
Forex Watchers | Aug 20, 2015 01:35AM ET
Good morning. Hope all is well! Have had a good forecast with a 71% accuracy on our predictions. On some instances, markets violated our supply/demand zones and then continued in the directions predicted. We were correct in taking a weak outlook on US dollar. For today US dollar pairs are on our watch list on account of the fundamentals. Could see a bearish greenback and Japanese yen. Adding two hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Weak
Today we're expecting the EUR/USD to proceed Long above the barrier levels of 1.11316 and 1.11009.
Fundamental Watch
– Unemployment Claims
– Existing Home Sales
– Philly Fed Manufacturing Index
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