EUR Trading Outlook (15-12-2010)

The Euro (EUR) tested 1.3500 in the European session but failed at the key resistance and pulled back into the US FOMC statement and extended the pullback afterwards when the Dollar rallied. German ZEW survey improved at 4.3 vs. 1.8 previously. EUR/USD traded with a low of 1.3354 and a high of 1.3500 before closing at 1.3370.

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