The Euro traded near a one week high versus the Dollar. The Euro strengthened after European Central Bank President Jean-Claude Trichet said he will withdraw some emergency liquidity measures. The decision on the interest rate was as predicted unchanged at 1%. Overall, the EUR/USD traded with a low of 1.4810 and with a high of 1.4917. Today, The German Factory Orders is expected at 1% vs. 1.4% previously.

EUR/USD - Last: 1.4866

Resistance

1.4910

1.4980

1.5050

Support

1.4835

1.4800

1.4760

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