Good morning everyone. Yesterday's market did not retrace enough to the forecasts but did end up going in the right direction. Made a good move on the EURJPY. I'm still expecting the retracement to happen. Today, I forecasting for the US Dollar to gain some strength. I'm adding the Oceanic pairs to the hedged currency pairs list to offset the trading risk today.
Currency Outlook
US Dollar : Strong
Short : EURUSD
Today we're expecting the EURUSD to proceed Short below the barrier levels of 1.31729 and 1.31370.
Fundamental Watch
- KOF Economic Barometer
- Advance GDP q/q