The Euro declined from a five-week high versus the Dollar after a spokesman for German Chancellor Angela Merkel's party said Greece should go to the International Monetary Fund if it needs aid, lowering chances of aid from the EU. If EUR/USD breaks above the resistance at 1.3820 levels a long position is preferred. Overall, EUR/USD traded with a low of 1.3726 and with a high of 1.3818.Today, Current Account is expected to rise from 1.9B to 2.9B, Trade Balance is expected at 5.1B vs. 7.0B prior.

EUR/USD - Last: 1.3719

Resistance

1.3740

1.3783

1.3818

Support

1.3711

1.3655

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