The Euro strengthened against the Dollar and the Yen after Greek Finance Minister George Papaconstantinou said the nation is on the right track to solve its problems and does not need bailing out. EUR/USD has been struggling with the 1.45 level but as long as it remains above 1.4480 it is still bullish. Overall, EUR/USD traded with a low of 1.4456 and a high of 1.4579.Today, the ECB will release it's interest rate decision which is expected to remain at 1.0%, ECB Press Conference will follow the decision.

EUR/USD - Last: 1.4540

Resistance

1.4557

1.4580

 

Support

1.4455

1.44

1.4275

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