Good morning. Hope all is well! We have had a good forecast for yesterday with 6 out of the 7 pairs conforming to our forecasts. The US dollar actually ended up weakening by a few points while Japanese yen has had a sidelined day. Would be good to keep a close eye on euro, US and Australian dollar pairs due to our fundamental watch. We could be looking at another strong day for the US and Japanese yen could also gather some steam. Adding one hedged pair to offset the trading risk. Happy Trading!
Forecasts Outlook
US Dollar: Strong
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.28540 and 1.28842.
Fundamental Watch
– German Ifo Business Climate
– New Home Sales
– RBA Gov Stevens Speaks
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