The last few days has seen the Euro meet significant selling pressure near the resistance level around 1.3160 and just ease off slightly.  In a positive sign, the Euro hasn’t collapsed and completely given up on pushing higher however it has recently moved back through the 1.31 level.  The Euro has shown some relatively bearish signs over the last month since retracing from its highs near 1.32, and it has been the 1.28 level that has emerged as the major level in the last month or so. In the last week and a half, the Euro has rallied well and has been able to push back off the support level at 1.28 and up ... (full story)