European & US sessions forecast levels: 1.4065/1.4305
Trend Sessions: European: Neutral/Upward
Market Focus: 8:30 AM Durables Ex-Transport, Durable Orders, 2:00 PM Fed€™s Beige Book.
Daily Strategy: The weak U.S. data push the dollar to recovery against the euro but very fast lose the gains. We can say that the traders do not prefer dollar currency, as the traders will continue with the risky currencies. The dollar may continue losses. The trading strategy is to open long position as buy on dips. The key U.S. Durable Orders today may push the trading into new direction, as is also very important Fed€™s Beige Book.