European & US sessions forecast levels: 1.4050/1.4445
Trend Sessions: European: Neutral
Market Focus: 2:00 PM Consumer Credit, 2:00 AM Germany Trade Balance, Current Account, 6:00 AM Germany Industrial Production.
Daily Strategy: The trading consolidates at the levels of 1.4300/50. The big range consolidation remains at the range of 1.4050 where is the key support and 1.4445 where is the key resistance. The trading will remain mix today with movements into both directions. We recommend trading as sell on high movement close to 1.4400. There are not key events in United States today as is expecting movements based on speculations.