The Euro traded at 10 month low versus the Dollar, breaking the 1.33 level after ECB President Jean- Claude Trichet said that aid for a Euro area nation from any outside group such as the International Monetary Fund is not a good move. GFK German Consumer Climate index came out 3.2 better than expected 3.1 but not yet seen a recovery for the Euro, the decline might be extended if 1.3270 levels will break. Overall, EUR/USD traded with a low of 1.3266 and with a high of 1.3386. Today, ECB President Jean- Claude Trichet will speak.

EUR/USD - Last: 1.3320

Resistance

1.3365

1.3415

1.3480

Support

1.3300

1.3270

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