The Euro remained unchanged versus the Dollar as no major economic news was released. German Industrial Production came out weaker with 0.6% versus 1.1% forecast. French President Sarkozy said the Euro Region will help stand behind Greece, should they need any assistance. Sarkozy warned speculators from betting against the Euro. Overall, EUR/USD traded with a low of 1.3606 and a high of 1.3704. EUR/USD is still trading in a daily channel between 1.3780 and 1.3450 waiting for a catalyst to break out of this range. No major economic data expected today.

EUR/USD - Last: 1.3615

Resistance

1.3695

1.3740

Support

1.3580

1.3530

1.3500

width=450