The Euro fell for a third day versus the Dollar on concerns that the region's debt crisis will lead to slower economic growth than in the rest of the developed world. The GFK German Consumer Climate came out 3.5 worse than 3.7 expected. The main support is lying at 1.2130 levels; failing to break this level might cause the Euro to rebound again. Overall, EUR/USD traded with a low of 1.2153 and with a high of 1.2386. Today, German CPI is expected at 0.1% vs. -0.1% previously.

EUR/USD - Last: 1.2230

Resistance

1.2270

1.2330

1.2420

Support

1.2160

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