European & US sessions forecast levels: 1.4215/1.4410
Trend Sessions: European: Neutral/Downward
Market Focus: 8:30 AM Personal Income, Personal Spending, 9:55 AM Michigan Sentiment-Rev, 10:00 AM New Home Sales, 2:45 AM France Consumer Spending.
Daily Strategy: The market volumes are low closing the Christmas holiday. The traders continue to turn their investments into short dollar positions. The recovery of the dollar will continue as probably will test the next support at 1.4215. The trading strategy today is to open short positions on any correction upward.