The Euro reached new yearly highs against the Dollar after European Central Bank President Jean- Claude Trichet signaled the bank will keep interest rates at a record low to stimulate growth as the euro’s appreciation threatens to undermine the economic recovery, interest rate released and remain at 1%. All in all, EUR/USD traded with a low of 1.4681 and with a high of 1.4816 Today, French Industrial Production is expected to slightly rise from 0.1% to 0.3%.

EUR/USD - Last: 1.4730 

Resistance

1.4773

1.4796

1.4814

Support

1.4704

1.4682

1.4657

/