Good morning. Hope everyone had a great week end! We had had a good forecast for last week friday with 6 out of the 7 pairs conforming to our predictions, GBPUSD was the odd one out that moved in our direction and later turned and crossed our demand zone. All in all a satisfactory forecast. The currency to keep a close eye on today would be Australian Dollar with our fueling fundamental watch suggesting that there could be fueling factors on this pair. We could be seeing a strong US Dollar while Japanese Yen may let out some steam. Adding two hedged pairs to offset the trading risk. Happy Trading!
Forecasts Outlook
US Dollar: Strong
Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.35180 and 1.35489.
Fundamental Watch
- RBA Gov Stevens Speaks
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