The Dollar declined against the Euro as minutes of the Federal Reserve's Dec. 15-16 meeting showed policy makers debated increasing and extending asset purchases should the economy weaken. If the price goes above 1.4500 the momentum is bullish. Overall, EUR/USD traded with a low of 1.4283 and with a high of 1.4434. Today, German Retail Sales are expected to rise from 0.0% to 0.4%, euro zone Retail Sales are expected to remain at 0.0% , German Factory Orders are expected at 1.6% vs. -2.1% prior.

EUR/USD - Last: 1.4408

Resistance

1.4455

1.4483

Support

1.4334

1.4283

1.4257

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