EUR/USD (1.2322)European & US sessions forecast levels: 1.2235/1.2575Trend Sessions: European: Neutral/DownwardUS: Neutral/DownwardMarket Focus: 8:30 AM Building Permits, Housing Starts, PPI, Core PPI, EU 5:00 AM HICP - Core, HICP, Trade balance, ZEW (Current Conditions), ZEW (Economic Sentiment), Germany ZEW (Economic Sentiment), ZEW (Current Conditions).Daily Strategy: The fears continue to move the forex markets. After the 4-years record high level for the dollar follow temporary correction upward. But in the coming days the forecast is to see new dollar gains below 1.2235. The investors do not see positive perspectives in the euro zone. The situation in Greece is not the only one problem. The much bigger Spain probably will follow the Greece destiny. The trading strategy today is to open short positions.
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