Euro (EUR)

Euro (EUR) - The euro fell versus the dollar as a result of a climb in crude oil prices as unrest threatened to spread to Saudi Arabia and Iran following turmoil in Libya .The unemployment rate came out at 9.90%, better than the expected 10.00%. The Euro couldn't break the resistance level at 1.3850. Only breaching the resistance level of 1.3850 will push the pair higher, otherwise a rebound back to 1.37 zones is possible. Overall, EUR/USD traded with a low of 1.3762 and with a high of 1.3853. Today, the PPI is expected at 1.00% vs. 0.80% previously.

EUR/USD - Last: 1.3754

Resistance

1.3850

Support

1.3721

1.3651

1.3582

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