Euro remains under pressure

After the attempt to return to the area above Ofer $ 1.3300/10 failed, the single European currency resumed its decline, and, feeling a negative impact on sales from the Hungarian name, and the continuing negative trends euro / pound, so far tested bidy of $ 1.3160/50 . Demand in this area keeps euro from falling further, and dealers saw an opportunity for some recovery, but also noted that interest in the sale is now seen around $ 1.3200 / $ 1.3190 and $ 1.3220/30 area, adding that break below $ 1.3150 would signal a resumption of sales. According to them, the loss of support in this area will open the way to the key area of $ 1.3115/00, and, while some demand seen and around $ 1.3090, below $ 1.3080 is sufficiently large feet, the performance of which can be a catalyst for further decline. Source: Forexpf.Ru - Exchange Rates and Forex Market Analyst