Good morning everyone. Yesterday's forecasts did end up holding to the market. I had mixed sentiments in the chatroom and also got mixed results. Today, I'm expecting the market to retrace before further weakening the US Dollar. I'm not adding any pairs to the hedged currency pairs list to offset the trading risk today.

Currency Outlook

US Dollar : Weak

Long : EURUSD

Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.29395 and 1.29794.

Fundamental Watch
- Core Durable Goods Orders m/m
- Unemployment Claims
- New Home Sales

EURUSD