The Euro strengthened versus the Dollar and touched a one-month high as stocks gained for a second week. The European currency lost some ground later after German Finance Minister and French Finance Minister ruled out an aid decision The Industrial Production came out 1.7% better than expected 0.8%. If the Euro fails to breach above 1.3820, rebound 1.364 zones is possible to be reached. Overall, EUR/USD traded with a low of 1.3670 and with a high of 1.3795. Today, no major economic data is expected.

EUR/USD - Last: 1.3733

Resistance

1.3785

Support

1.3720

1.3680

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