European & US sessions forecast levels: 1.2525/1.3335
Trend Sessions: European: Neutral
Market Focus: 10:00 AM Existing Home Sales.
Daily Strategy: The euro was widely sale due too starting speculative trading. There are not fundamental reasons for the weak euro in the last few days. The euro may continue lose against the dollar today as the trading strategy is to open short positions as sell on correction up to 1.2675/95. The expectations for worse report for U.S. Existing Home Sales may support the dollar as the traders to back on safety.