EUR/USD (1.3969)

European & US sessions forecast levels: 1.3750/1.4140

Trend Sessions: European: Upward

US: Neutral/Upward

Market Focus: 8:30 AM Initial Claims, Q1 GDP - Final.

Daily Strategy: The Federal Reserve kept the key interest rates level at the range of 0.00% - 0.25%. The Fed also said that the first signs of recovery are discoverable. The dollar recovery during the report but is on the way to lose the recent gains, as the investors buy euros due too the good trading level expecting new break of 1.40 with target up to 1.4140. The trading strategy today is to open long positions, as buy on dips.