EUR/USD (1.2658)European & US sessions forecast levels: 1.2525/1.2800Trend Sessions: European: Neutral/DownwardUS: NeutralMarket Focus: 8:30 AM Continuing Claims, Initial Claims, Export Prices ex-ag, Import Prices ex-oil. Daily Strategy: The dollar remains strong against the euro as the fears for the rising debt crisis in the Euro Zone persist. The Euro/Dollar is trading close to a 14-months low level. The investors turn back to the Gold and dollar while the situation with the euro is not clear. The expectations on the forex market are for mix trading, as the key support formed at 1.2525 is a key for further movements down. If the Euro/Dollar break below 1.2525 then we can see levels close to 1.20 in a very short time.
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