Currencies  |  February 27, 2013 10:34:34

Euro still weakens


Since the beginning of this year, the euro is the currency pair with the dollar still under pressure and the maximum value of 1.3700 has already failed on the price of 1.3030.

Present value is also the historical S / R level that would prevent further decline of the euro. If she can break a pair, the dollar strengthened to 1.2700.
This morning will be published macro data from Germany, Europe's drudge. Afternoon there will be a major macroeconomic data from the United States. A day in the evening will culminate with a performance by the President of the ECB. So in terms of fundamentals will be quite busy today and the pair EUR / USD can expect high volatility.

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