The pair is again correcting lower and getting closer to the daily lows at 1.4904, key support and previous step before the 1.4870 dollars per euro. 1.4900 is an area of potential upwards rebound, which could hit a rebound up to the 50 days MA, at 1.4934 dollars per euro.Today, after the recent comments by the US Treasure Secretary, Tim Geithner, about the dollar, the pair fell 116 pips so far.

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