EUR/USD (1.4876)
European & US sessions forecast levels: 1.4650/1.4965
Trend Sessions: European: Neutral
US: Neutral
Market Focus:
Daily Strategy: There are not key economic events today. The dollar remains weak against the euro. It is possible to see temporary dollar recovery today. The key resistance is at 1.4965 as may be testing new dollar record low levels this week. The trading strategy today is to trade within the trading range. The serial of bad news for the dollar may continue this week if the key U.S. Housing sector does not send positive news. Forex-Strategy.com recommend to open long positions during the early morning European session.