Where O’ Where is support on the EURUSD? Currently trading at a near double bottom 1.2690 the revised GDP figures for the EU push the sell off to almost new lows. As the Euro continues to loose more ground before the ECB rate decisions within the next 24 hours, the USD continues to gain strength of more uncertainty is faced ahead. GOLD and Crude show weakness as the Dollar continues to be the favorite safe haven. US markets open shortly and with the FOMC speech within the next several hours ahead, we can easily see a continuation of the Dollar Bull. However, if any economical concerns of the USA falling back into recession even after the positive Job claims last week, expect the DOLLAR to finally see a correction.



