Euro (EUR)

The euro fell versus most of its major counterparts, reaching the lowest level in more than three weeks against the dollar, as European finance ministers ruled out immediate steps to tackle the region's debt crisis. The EUR/USD broke down the support level at 1.3500 and the next support level is now located at 1.3400. Overall, EUR/USD traded with a low of 1.3428 and with a high of 1.3558. Today, the German ZEW Economic Sentiment is expected at 20.20 vs. 15.40 previously and the German GDP is expected at 0.50% vs. 0.70% previously.

EUR/USD - Last: 1.3510

Resistance

1.3575

1.3640

1.3735

Support

1.3500

1.3440

1.3400

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