FXstreet.com (Barcelona) - The Euro plunged yesterday to a two week low against the Dollar, Cornelius Luca, economist at Global Forex Trading affirms: Euro/dollar sank to a two-week low on Wednesday after forming a bearish reversal formation a day earlier. The downside remains favored. Immediate support is now seen at 1.4640. 1.4580 and 1.4525 follows this. Distant support comes at 1.4440. On the upside, Luca forecasts: Initial resistance is now seen at 1.4705. The next level is 1.4770. Above 1.4870 there are pivotal highs at 1.49 90 and 1.4966.
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