And again we will see short positions on the winning side this upcoming days
|The US Dollar will remain strong above the Euro this and probably next week too. The main occasion this week will be The interest rates decision. Investors all around the globe are waiting for interest rates rises or signals for some movements very soon.
Our team strategy for this week will be to remain trading below 1.10. It is very possible The US Dollar to trade on levels below 1.08 1.0740 for a while. We advice trading from 1.0900-1.0925 for short positions with targets below 1.0800.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.