Good morning everyone. Yesterday's market ended up pushing through during the US Session. EURJPY was able to capture the entire move. Today, I'm expecting mixed sentiments for the US Dollar. I'm adding several pairs as a hedge to one another. Correlation trading today would not be recommended. Conservative traders stand aside.
Currency Outlook
US Dollar : Mixed Sentiments
Short : EURUSD
Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.31665 and 1.32094.
Fundamental Watch
- Construction PMI
- Unemployment Claims
- Fed Chairman Bernanke Testifies