EUR/USD (1.4921)
European & US sessions forecast levels: 1.4805/1.5145
Trend Sessions: European: Neutral/Downward
US: Neutral/Downward
Market Focus: 2:45 AM Consumer Confidence, 4:00 AM Bloomberg Retail PMI, 5:00 AM EU Business Climate, Economic sentiment, Industrial sentiment, Consumer sentiment.
Daily Strategy: The dollar follows the expectations as gain the losses before the U.S. holiday. The traders back to a normal trade after trading by speculations. The traders close their dollar positions during the holiday day in United States but fastback to the dollar again. This is a signal that the dollar has the potential to recovery against the euro these days.