The Euro weakened versus the Dollar after Greece's 7 year bonds fell as the government struggles to fund itself. Fitch Ratings left France's AAA credit rating unchanged, saying their outlook for France is stable. Overall, EUR/USD traded with a low of 1.3395 and a high of 1.3537. EUR/USD main trend is downwards and faces many resistance levels above. The Fibonacci retracement resistances are at 1.3477, 1.3542 and 1.3607. German Unemployment Change is expected with 10K versus 7K prior. CPI Flash Estimate is expected with 1.1% versus 0.9% prior. Unemployment Rate is expected worse with 10% versus 9.9% prior.

EUR/USD - Last: 1.3415

Resistance

1.3480

1.3500

1.3542

Support

1.3395

1.3375

1.3345

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