Good morning everyone. Friday's market went as per our forecasts and gave a decent gain. On Friday we also saw large trends. These trends that we see do not look like they were movements from our larger contributors such as banks, hedge funds, etc. Therefore, I'm expecting a retrace back and not to mention there is a gap on EURJPY open as well. I'm not adding any pairs as a hedged currency pair today to offset the trading risk.

Currency Outlook

US Dollar : Weak

Long : EURUSD

Today we're expecting the EURUSD to proceed Long above the barrier levels of 1.31102 and 1.30781.

Fundamental Watch
- ECB President Draghi Speaks
- ANZ Business Confidence
- Monetary Policy Meeting Minutes

EURUSD