Euro dollar is free falling, after losing uptrend support and various support lines. Fears about the financial situation in Italy as well as a growing acceptance of a Greek default weigh heavily on the Euro. Will it break below the wider range? Here’s a quick update on technicals, fundamentals and what’s going on in the markets. EUR/USD Technicals Asian session: Active start to the week saw the pair slide towards uptrend support. The break came in the European session. Current range 1.4070 to 1.4120.EUR USD Chart July 11 2011 Further levels in both directions: Below 1.4070, 1.4030, 1.3950, 1.3860, 1.3750. Above: ... (full story)