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Forex Commentary
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EUR/USD (1.5925)
European & US sessions forecast levels: 1.5830/1.6040
Trend Sessions: European: Neutral/Upward
US: Neutral/Upward
Market Focus:
Daily
Strategy: The dollar lower on the forex market due too
the bank worries. There are not key economic events today. The speculations and
worries about the situation in US bank sector will move the dollar close to the
record trading level against the euro. We can see again the levels above 1.60
today or tomorrow. At the end of the week there are important events from the
Euro Zone and USA that probably will push the dollar to new record low levels
against the euro. The trading strategy today is opening long positions.
Forex Forecasts by FS Team
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