EUR/USD (1.3359)

European & US sessions forecast levels: 1.3210/1.3455

Trend Sessions: European: Neutral/Upward

US: Neutral/Downward

Market Focus:

Daily Strategy: The US markets are in holiday today due too Martin Luther King Jr Day. The dollar is selling by the traders at the start of the new business week. The sells have to stop and return the traders to buy dollars again. There are not key economic events today. The euro/dollar may rise to 1.3410/40 where will find resistance. The trading strategy is to open short positions at these levels. If the euro/dollar trading breaks above these levels reverse and open long positions.