European & US sessions forecast levels: 1.2970/1.3440
Trend Sessions: European: Neutral/Downward
Market Focus: 8:15 AM ADP Employment Change, 10:00 AM ISM Services.
Daily Strategy: The fast oil price correction with more than 3% push the investors to back to the dollar. The global recovery is not stable as the investors may back to the shares and currencies rather than commodities. For today the dollar may again lost the gains by the last 36-hours. The first key support level for euro/dollar is at 1.3250. FS Team forecast for today is if the euro fell below 1.3250 we can see levels of 1.3185/90 otherwise is possible upward correction back towards the levels above 1.3300.