The Euro weakened against the dollar as it could not hold above the 1.33 zone and back to trade below the 1.32 zone as Dollar supported by the lack of fundamental data and some risk aversion before the FED's decision today in U.S. The German Trade Balance came out 12.3B worse than expected 12.4B. Breaking below the support level of 1.3130 turns the momentum to negative for the pair. Overall, EUR/USD traded with a low of 1.3140 and with a high of 1.3307. Today, the German CPI is expected unchanged at 0.2%. The French Industrial Production is expected at 0.1% vs. 1.7% previously.

EUR/USD - Last: 1.3146

Resistance

1.3200

1.3240

1.3270

Support

1.3130

1.3100

1.3050

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