The Euro suffered its biggest single-day drop in nearly two months after the Economic Sentiment in EU & Germany contracted by much more than anticipated. Additionally, investors fled into the greenback in search for safety as subdued inflation in the US & EU added to concerns about economic growth. Today, the rush to safety could continue if the sell-off in equities resume its course.
Support: 1.1730 / 1.1685
Resistance: 1.1770/ 1.1795
