EUR/USD (1.4618)
European & US sessions forecast levels: 1.4515/1.4845
Trend Sessions: European: Neutral
US: Neutral/Downward
Market Focus: 8:15 AM ADP Employment, 8:30 AM GDP - Final, 9:45 AM Chicago PMI, 2:45 AM France PPI, 3:55 AM Germany Unemployment, 5:00 AM EU Flash HICP.
Daily Strategy: The dollar is on the way to end the recovery process. Today is very important day for confirmation of the current downward trend of euro/dollar. The recovery of the dollar means by the key U.S. fundamental reports today. The key support is formed in the range of 1.4527 and 1.4515. The break below these levels will send sure signal for continue of the dollar recovery against the euro.