EUR/USD (1.3486)
European & US sessions forecast levels: 1.3345/1.3590
Trend Sessions: European: Neutral
US: Neutral
Market Focus: 10:00 AM Leading Indicators, 2:00 AM German PPI.
Daily
Strategy: The bank crisis continues as new worldwide bank
is needed by financial injection. ING is among the 20th biggest
banks of the world became in financial problems. The trading today will remain
into neutral directions. The key support is formed at 1.3345. For a break below
1.3345 is necessary strong attack. It is mostly expecting flat movements today
with slowly movements up above 1.3540 as even to 1.3590. The trading strategy
today is trading within the trading range and try to open long positions, as
buy on dips.
Forex Forecasts by FS Team
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