Tuesday’s forecast was in the right direction for the most part. We may see some ranging today and market could pick a diretion in time to come. US Dollar could loose some steam together with Japanese yen. I’m not adding any hedged pairs to offset the trading risk. Happy trading everyone!!
Forecasts Outlook
US Dollar: Weak
Today we're expecting the EUR/USD to proceed Short below the barrier levels of 1.30755 and 1.31033.
Fundamental Watch
- BOE Gov King Speaks
- Trade Balance
- ANZ Business Confidence