EUR/USD (1.5398) <br>
European & US sessions forecast levels: 1.5325/1.5460 <br>
Trend Sessions: European: Neutral/Downward <br>
US: Neutral <br>
Market Focus: 8:30 AM Initial Claims, 7:45 AM ECB Interest Rate, 8:30 AM ECB Press Conference. <br>
Daily Strategy: The dollar continues to gain against the
euro after the support of Bernanke. The dollar is also supported by the
positive news for US economy. The recovery will continue today. The most
important news today is the interest rates decision for the Euro Zone and the follow conference. The traders expect
European Central Bank to hold the interest rates unchanged at 4.00% but to
confirm rise very soon. The reason for the raise is the high inflation in the
Euro Zone.
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Forecast by FS Team - For more forecasts and signals visit - <a
href="http://www.forex-strategy.com"
target="_blank">www.forex-strategy.com</a>
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