Euro dollar continues sliding lower after hitting high resistance yesterday. The relatively weak Chinese GDP weighs on the common currency, as global demand is essential for European growth. A busy day in the US closes the week, including QE3 related inflation figures and a speech by Ben Bernanke just before markets unwind. Will Bernanke hurt the dollar on Friday the 13th?
Update: EUR/USD breaks lower below support. Here’s an update on technicals, fundamentals and what’s going on in the markets.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-friday-13-falling-from-high-resistance-before-bernanke-closes-the-week/"]EUR/USD Falling from High Resistance Before Bernanke Closes the Week[/URL][/I][/B]
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