Euro (EUR)

The Euro declined a bit against the Dollar after good data was released in the US and the situation in North Africa succeeded to support a stronger Dollar. The EUR/USD momentum is bullish as long as the rate is above 1.3600. If the pair breaks below this level, the Euro will probably decline to 1.3400. Overall, EUR/USD traded with a low of 1.3526 and with a high of 1.3704. Today, Industrial New Orders are expected to become negative from 2.10% to -0.80%, and ECB President Trichet Speaks.

EUR/USD - Last: 1.3691

Resistance

1.3716

Support

1.3645

1.3536

1.3462

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