Buy EURUSD with the target at 133

Review: Monday was a quiet day with slight focus on GBP and JPY There are prospects of a quiet consolidation week without significant macroeconomic highlights. Yesterday’s FX trading clearly illustrated what to expect from the rest of the week. Focus will remain on JPY and GBP. The US: The US equity indices have continued their excellent, positive trading patterns from last week. The result is that S&P500 is now approx. 1% from its all-time high reached on 11 October 2007 of around 1576.

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Buy EURUSD with the target at 133