EURUSD Movement
For the 24 hours to 23:00 GMT, EUR traded flat against the USD and closed at 1.4124.
Euro was pressurized after a poorly received round of European-bank stress tests and sovereign-debt worries in the US and Euro zone.
In the Asian session, at 3:00GMT, the EURUSD is trading marginally lower at 1.4123 from the levels yesterday at 23:00GMT.
The pair has its first short term resistance at 1.4168, followed by the next resistance at 1.4213. The first support is at 1.4046, with the subsequent support at 1.3969.
Trading trends in the pair today are expected to be determined by data release on economic sentiment in the Euro zone.
The currency pair is trading just above its 20 Hr and its 50 Hr moving averages.
