The euro extended its decline reaching a 10 month low against the federal currency in today's Asian session on concerns Greece won't be able to get bailout from the European Union in tomorrow's EU Summit. On the other hand, the pound and the yen fell as well, while the USDIX that tracks the dollar movement against a basket of currencies inclined recording a high of 81.25 and a low of 80.83, while it is currently trading around 81.25.
The euro dollar pair dropped recording a low of 1.3405 and a high of 1.3485, having the union currency trading around 1.3425. The pair is trading under the support level of 1.3445 that signals further declines today, especially with momentum indicators on the four hour charts supporting downside, and the pair is trading in the oversold area according to the daily stochastic oscillator. However, the pair is having a support at 1.3385 along with a resistance at 1.3540.
Regarding the pound dollar pair, it is in an attempt to break the 1.4960 levels, and the daily stochastic oscillator is supporting the downside. The pair recorded a low of 1.4956 and a high of 1.5034, and it is having a support at 1.4860 along with a resistance at 1.5085. However, the pair is currently trading at 1.4965.
Finally, the dollar gained against the Japanese yen recording a high of 90.64 and a low of 90.37, and the pair is currently trading around 90.60. Today's support could be found at 89.35, while the resistance could be found at 91.10, and the four hour momentum indicators are supporting the upside.