© Dukascopy
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Daily
maximum: 1.3531
The shared European currency moved lower after bond yields of the core European economies, including Belgium, Germany and France, rose sharply as investors are removing investments from the region on fresh global economic concerns. These factors made the pair cross the market mean at 1.3512. The next pivot levels which might be tested till the rest of the trading day are resistance levels at 1.3567, 1.3617 and 1.3716 and support 3 at 1.3320. The daily market outlook is strongly bearish.