If you're new here, you may want to subscribe to receive daily updates. Thanks for visiting! EUR/USD has been trading in a downwards trajectory, to say the least. After forming a very temporary base at 1.0560, the pair extended ts falls and hit a new 12 year low at 1.0511. This was a low point back in March 2003 as well as a high line December 2002. Yes, 2002 and 2003, not 2012 nor 2013. What are the levels to watch out for? As the monthly chart below shows, 1.05 is still significant support, and the lines below, dating to the beginning of the millennium, don’t offer too much before the magical line of EUR/USD ... (full story)