EUR/USD (1.3593)
European & US sessions forecast levels: 1.3455/1.3840
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 8:30 AM GDP - Second Estimate, GDP Deflator, 9:45 AM Chicago PMI, 9:55 AM University of Michigan, 10:00 AM Existing Home Sales, 5:00 AM EU HICP, HICP - Core.
Daily Strategy: The euro temporary recovery against the euro based on technical correction and profit taken. It is expecting mix trading today. The dollar may lose tens of pips against the euro during the morning European session but is expecting to turn into profit later today. The trading strategy today is to open short positions as sell on high movement.