The Euro recorded its biggest weekly drop against the Dollar since January as concern Greece will fail to secure financial assistance from the European Union lowered currency appeal. The EUR/USD has been trading downwards in the last three days therefore a short position is preferred, the main support is 1.3450. Overall, EUR/USD traded with a low of 1.3503 and with a high of 1.3627.Today, ECB President Trichet Speaks.

EUR/USD - Last: 1.3515

Resistance

1.3545

1.3625

1.3695

Support

1.35

1.3440

 

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