The last 24 hours has seen the Euro enjoy a sojourn above the key level at 1.30 before being forced back again with excessive supply. Over the last few days, the 1.29 level has been providing strong support and stopping the Euro’s price decline, and the last 48 hours has seen the Euro jump up from this level towards 1.30. Looking at the bigger picture, the last few weeks has seen the Euro meet significant selling pressure near the resistance level around 1.3160 and move away steadily. Should the Euro fall through the 1.29 level, there is a reasonable chance that the longer term support level at 1.28 will be called ... (full story)