EURO (EUR), Daily Review, Feb 18 2010

By IBTimes Staff Reporter | February 18 2010 6:40 AM

The Euro slid from the highest level this week versus the Dollar after a statement from Germany that said that not a single Euro should go to Greece. On the daily graph we can see a clearly downward trend therefore a short position is preferred, the main resistance is 1.3810. Overall, EUR/USD traded with a low of 1.3585 and with a high of 1.3788. No economic data expected today.

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EUR/USD - Last: 1.3575

Resistance

1.3640

1.3695

1.3790

Support

1.3530

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