EUR/USD (1.3238)

European & US sessions forecast levels: 1.3030/1.3380

Trend Sessions: European: Neutral

US: Neutral/Downward

Market Focus: 9:00 AM Consumer Confidence, 9:45 AM Chicago PMI, 2:55 AM Germany Unemployment, 4:00 AM EU Flash HICP.

Daily Strategy: The dollar recovery was stopped by a profit taken moment by some of the traders. The worldwide investors will continue bet to the dollar due too the rising fears that the bottom is still not reached. Obama was not correct as see optimism when the economy continues down. For today is expecting mix trading as the key trading strategy is opening short positions. On the focus these days is the US carmaker that bankruptcy closer.