Currencies  |  March 06, 2013 18:15:46

Euro still falling


Yet, they all look out for when the euro strengthened slightly, currency pair EUR / USD continues to hold its downward trend as a tick.
Macroeconomic data point to economic growth in Europe, but it ignores the euro. On the other hand, neither the U.S. macro data are not bad and the prospects for the dollar, traders are simply promising.

Tomorrow's data dollar dominates the news as we will see, among other less important data, especially the trade balance and the results of stress tests of U.S. banks. The only mention of European data rate, but that is expected unchanged at 0.75%, followed by a press conference by the ECB.
Because the course is located just a couple of long-term S / R level can expect proponents bulls bounce rates, and at least in the euro to 1.3130. In case of breaking this support, and the further strengthening of the dollar, the price may reach the dlaší S / R level 1.2830, but also the value of 1.2700.

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