Forex comentary

Euro dropped yesterday breaking the 1.4000 support, still bad news coming from Italy which is making all major indexes in Europe to drop significantly, in other currencies, us dollar keeps on being "strong" and gaining some value against most major currencies.

Panic invaded the euro, its trading around the 1.3900 zone, if it keeps falling the target should be around the 1.3800 and below that, around 1.3430.

Note two more pages have been added to the blog as information services, will keep on posting more financial information.

Thanks