EUR/USD (1.3988)
European & US sessions forecast levels: 1.3650/1.4245
Trend Sessions: European: Downward
US: Neutral/Downward
Market Focus: 9:45 AM Chicago PMI.
Daily Strategy: The Japan government intervention on the markets this morning with the open of Japan trading session. The action was widely expecting but already that surprise the markets. The effect was positive by the massive sell of yens and lift up the yen and the dollar. The tendency caused by the intervention probably will continue during the European session today.