EUR/USD (1.2884)

European & US sessions forecast levels: 1.2630/1.2990

Trend Sessions: European: Neutral/Downward

US: Downward

Market Focus: 2:00 AM Germany Trade Balance, Current Account.

Daily Strategy: The US dollar rise at the start with the new business week based on optimism. The traders are optimist for the Obama plan to help the economy. The last hope for the US economy is the Obama plan that will save the jobs and will open new. The dollar will continue with the recovery today also during the week. The trading strategy today is opening short positions, as sell on high movement. The key support is at 1.2705.