EUR/USD (1.2910)

European & US sessions forecast levels: 1.2780/1.3090

Trend Sessions: European: Neutral/Upward

US: Neutral/Downward

Market Focus:

Daily Strategy: There are a lot of key data for the US economy this week. The investors expect new bad signals for the world biggest economy. The US dollar tumbled on Monday after a report said the U.S. government could end up owning as much as 40 percent of Citigroup Inc. It is expecting a mix trading today. The dollar may lose against the euro as at the levels above 1.2955/85 will find a good resistance that may turn the trend into downward during the US session.