European & US sessions forecast levels: 1.3650/1.4245
Trend Sessions: European: Neutral/Upward
Market Focus: 8:30 AM Personal Income, Personal Spending, PCE Prices - Core, Employment Cost Index, 9:55 AM Michigan Sentiment Final.
Daily Strategy: The euro set 2-months high against the dollar after the positive news by the European leaders for the debt crisis in Greece and Europe. The market remains skeptical but the news is mostly positive. The news was accepted as positive for the European currency that moves already more than 300 pips for a day. FS Team expects in the coming hours the rise of the Euro to continue. The trading strategy for today is to open long positions as buy on dip corrections.