EUR/USD To Proceed Short Below 1.10709 And 1.10407
Forex Watchers | Nov 02, 2015 01:00AM ET
Good morning. Hope all is well! We have had a good forecast for Friday with a 71% accuracy. We did take a mixed stance on the direction of our two currencies, they seem to have weakened through the day. British pound and the Australian dollar pairs are going to be on our watch list on account of the fundamentals for today. Going to take a mixed outlook for today also for both currencies. Adding three hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.10709 and 1.10407.
Fundamental Watch
– Manufacturing PMI
– ISM Manufacturing PMI
– Cash Rate
– RBA Rate Statement
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