Euro Breaks Support

01/06/2009 9:22 am EST

Focus: FOREX

Thomas Aspray

, Professional Trader & Analyst


The rally in the euro versus the dollar hit the major resistance in the 1.47 area in mid-December before it stalled. The euro broke support at 1.38 Monday and continued lower early Tuesday as the US dollar has started off the year on a strong note. Next euro support levels are at 1.3250 and 1.30.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on FOREX