Good morning. Hope all is well! Looking forward to a good week. We have had a downside on our forecast for Friday with only 28% accuracy. This was due to US Dollar gaining a little steam instead of weakening. The two Oceanic pairs are on our radar for today due to the fundamentals. Could be looking at a sidelined Greenback while Japanese Yen could strengthen. Adding three hedged pairs to offset the risk. Happy Trading!
Forecasts Outlook
US Dollar: Mixed Sentiments
Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.11703 and 1.12036.
Fundamental Watch
– ANZ Business Confidence
– Building Approvals m/m
– Cash Rate
– RBA Rate Statement
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