Euro (EUR)

The Euro rose against the U.S Dollar and managed to erase this past Friday's losses. The markets had a high opening, but at the end of the day, the pair returned to the level of 1.3700, which is a resistance level for the pair. The pair faces support at 1.3650 and resistance at 1.3720. Overall, EUR/USD traded with a low of 1.3572 and with a high of 1.3750. Today, ECB President Trichet is expected to speak.

EUR/USD - Last: 1.3730

Resistance

1.3740

1.3780

Support

1.3680

1.3570

1.3400

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