Euro moved lower today as the German m/m import prices and Italian m/m retail
sales inched lower as the European debt crisis worsens, breaching the market
mean at 1.3354. None
of the resistance (1.3388; 1.3448; 1.3543) levels has been breached yet while a
cross of support 1 and 2 at 1.3292 and 1.3256 exposes the last barrier at
1.3160 for Friday. The daily stance remains bearish.