European & US sessions forecast levels: 1.4650/1.4995
Trend Sessions: European: Neutral/Upward
Market Focus: 2:00 PM Fed’s Beige Book.
Daily Strategy: After temporary dollar recovery is expecting new attack against the dollar and break above the key psychological level of 1.50. The tendency for weak dollar will remain while there are not real actions to support the dollar. There are words for strong dollar but it is not enough. The dollar may fall to ever record low above 1.60 if there are not actions by United States. The trading strategy today is to open long positions, as buy on dips.