The Euro climbed the most versus the Dollar in more than two weeks after a report showed the region's industrial production expanded at a faster pace than forecast coming out at 0.8% vs. expected 0.7%. Later the Euro fell to 1.22 zones after lowering Greece's credit rating to non investment grade. Trading above the 1.2170 level keeps the momentum positive for the pair. Overall, EUR/USD traded with a low of 1.2103 and with a high of 1.2296. Today, the German ZEW Economic Sentiment is expected at 48.7 vs. 45.8 previously.

EUR/USD - Last: 1.2208

Resistance

1.2300

Support

1.2150

1.2080

1.2030

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