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Forex pairs in this Article » EUR/USD (Barcelona) - The euro decline found some bidding interest in the proximities of 1.3330 on Wednesday, after softer-than-expected GDP releases in the euro area accelerated the downside from levels above 1.3400

"The euro's drop today indicates the downside correction to the euro that began earlier this month is not complete. A break of $1.3310 signals a potentially quick move toward $1.3270", suggested Marc Chandler, analyst at Brown Brothers Harriman.

At the moment, the pair is losing 0.92% at 1.3327 and a dip below the psychological mark at 1.3300 would expose 1.3265 (low Jan.23) and the 1.3251 (Lower Bollinger).
On the flip side, resistance levels line up at 1.3442 (MA21d) ahead of 1.3472 (MA10d) and finally 1.3520 (high Feb13).
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