EUR/USD (1.2488)

European & US sessions forecast levels: 1.2360/1.2590

Trend Sessions: European: Neutral/Downward

US: Neutral/Downward

Market Focus: 8:15 AM ADP Employment Change, 10:00 AM ISM Services, 2:00 PM Fed Beige Book, 4:00 AM EU Services PMI.

Daily Strategy: The dollar successfully break below 1.2513 the last key support and continue take advantage against the euro. The dollar gain was cause by the worse than expected Australia economy reports that cause searching for dollars as refuge. The dollar will continue take advantage against the euro. The latest reports today for the situation in USA jobs market and ISM Services may show new bad signals for the world largest economy. But the chances the investors to follow the reports today are minimal. The trading strategy is to hold dollar positions in expectation for better trading levels.