The euro tried yesterday, with no success, to break the annual high at 1.4845 dollars per euro. It got lost in the way and the dollar, supported by Bernanke's words, climbed until it got to the trendline. Right now, the euro, supported by the good French production data, is holding on the upwards trend and the first target is to settle over 1.4749. If the price loses this level, the target will be 1.4668.

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