Problems in Europe sink the Euro to a 7 month low. Concern widening deficits can make harder to Europe's economic recovery. The Interest rate decision came out as expected unchanged at 1%. Breaking the 1.3720 level may depth the decline in the European currency. Overall, EUR/USD traded with a low of 1.3720 and a high of 1.3902. Today, The German Industrial Production is expected unchanged at 0.7%.

EUR/USD - Last: 1.3720

Resistance

1.3825

1.3900

1.3950

Support

1.3725

1.3660

1.3610

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