EUR/USD (1.3448)

European & US sessions forecast levels: 1.3325/1.3575

Trend Sessions: European: Neutral

US: Neutral/Downward

Market Focus: 5:00 AM EU Trade Balance.

Daily Strategy: The dollar recovery against the euro during the Asian session today. This week are expecting the end of the downtrend in US housing sector. Probably the building permits and housing starts will start rises. The trading strategy is to sell on high movement. If the trading break above 1.3530 then the recovery of the dollar will stop. In the scenario with euro/dollar break above 1.3530 reverse and open long positions.