Euro dollar is unwinding its gains and returning to the lower range, below yet another support line. Is the correction already over? Strong European inflation didn’t cheer the euro, that received quite a few bad figures. The last hours of the week, month and quarter will likely provide more choppy trading as positions are adjusted. Here’s a quick update on technicals, fundamentals and what’s going on in the markets. Further levels in both directions: Below 1.3430,, 1.3385, 1.3322, 1.3250, 1.3180. Above: 1.35, 1.3550, 1.3630, 1.37, 1.3750 1.3838, 1.3950 Looking up, 1.3550 now turns into important resistance. On the ... (full story)