European & US sessions forecast levels: 1.4005/1.4445
Trend Sessions: European: Neutral/Upward
Market Focus: 2:45 AM France Industrial Production.
Daily Strategy: The U.S. jobs data send positive signals for the end of the recession in short time. The dollar fasted recovery against the major currencies. But today the dollar may lose much of the recent gains. There are not key economic events today. The traders close their positions as again play against the dollar. The trading strategy today is opening long positions but with a target of 45-60 pips. Then is possible new correction downward.