G-7 Fails, Is This The End Of The EURUSD?

Probably not. But, it sure does seem like it. Not to the surprise of currency traders, the EURUSD exchange rate opened lower on Sunday, only to fall through key support levels at 1.3600 - around where the currency pair closed on Friday. It's been two weeks since the Euro began falling against the US dollar, and the pressure doesn't seem likely to lighten up any time soon. This is especially true when considering what's happened over the weekend. Read the article here - http://forexalliance.com/2011/09/g-7-fails-eurusd/