FXstreet.com (Córdoba) - Greenback continues to rally against the Euro. EUR/USD fell to 1.4625 posting a fresh intra-day low. The pair is 0.40% below today's opening price and plunged 170 pips from the highs of the day. The next level to consider is 1.4610, where are located the lows of the current week. In case the pair falls below 1.4600, the next support lies at 1.4570. The Euro is falling for second day in a row against the Dollar.
Regarding Dollar rally the ecPulse.com analysis team affirms: The green Benjamin is re-gaining momentum considerably today throughout the currencies market after that the U.S. existing home sales for August dropped unexpectedly to 5.10 million from 5.24 million, which boosted accordingly the appeal of the dollar in traders' eyes as a refuge.