FXstreet.com (Barcelona) - EUR/USD is trading right above session lows several pips above 1.2557 critical support, although it remains weak at on a very negative sentiment, the odds for a break lower increase, in that case the Euro would return to levels not seen since late November.

Valeria Bednarik, collaborator at FXstreet.com remarks te Euro's weakness as she observes the possibilities of a run down to levels below 1.24 on the long term: 4 hours indicators seem a bit exhausted to the downside, yet the pair remains close to first critical support zone 1.2557 (already tested twice today) as Euro remains weak on a very negative sentiment. In the longer term, a clear break under 1.2545/57 could mean a retest of 1.2330, last October minimum.

If 1.2557 gives Bednarik forecasts the following key levels: Under that price, today's supports will be at 1.2510, 1.2458, and 1.2420 zone.