European & US sessions forecast levels: 1.3845/1.4195
Trend Sessions: European: Neutral/Upward
Market Focus: 3:00 PM Consumer Credit, 5:00 AM EU GDP 2nd Est, 6:00 AM Germany Industrial Production.
Daily Strategy: The investors see the dollar like a world currency as that forces the dollar to make a gain against the euro. China supports the dollar as said that believes in the dollar like a global currency. The focus come over the expecting G8 summit this week in Italy. The euro/dollar may break below 1.3890 the key support level and find new support at 1.3845. As overall is expecting some weakness of the dollar today.