The Euro fell versus the Dollar after an official said French and German leaders agreed the International Monetary Fund should be involved in any aid package for Greece, damping demand for the common currency. The EUR/USD has been trading downwards in the last week therefore a short position is preferred, the main support is 1.3450. Overall, EUR/USD traded with a low of 1.3476 and with a high of 1.3567.Today, German IFO Business Climate is expected to rise from 95.2 to 95.8, Industrial New Orders are expected at 2.0% vs. 0.8% prior.

EUR/USD - Last: 1.3459

Resistance

1.3570

1.3627

1.3728

Support

1.3446

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