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      No signs of a possible EUR correction

      FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov points out that there is still no EUR correction in sight after its almost 200 pips drop seen on Monday.

      Key quotes


      "EUR is in a free fall state, after bad data from the EU and Germany, and better news from the US."

      "Dollar is stronger than ever but i wonder if this is a temporary strength or the start of continuous EUR weakness."

      "The pair needs a correction at least to 1.3330-50, and maybe more next week."

      "But first we need to deal with the 1.3290-1.3310 resistance area (previous good support)."

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