Euro (EUR)

The Euro declined versus the Dollar after the region's central bank left interest rates unchanged at 1.0%, damping demand for the common currency. The EUR/USD couldn't break the resistance that it has at 1.3865, as long as the rate below 1.3750 the momentum of the Euro is on hold, the next support level on the four hours chart is located at 1.3560. Overall, EUR/USD traded with a low of 1.3609 and with a high of 1.3825. Today, ECB President ,Trichet, expected to Speak.

EUR/USD - Last: 1.3636

Resistance

1.3665

1.3760

1.3825

Support

1.3600

1.3570

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