Forexzilla.org

 The FX market is a little messy. Some EUR “bulls” tried to make new lifetime high but could only push EUR/USD to 1.4921. Strong offers from various names capped the move. Among the sellers were again the guys from a Swiss private bank, so expect a new leg down probably towards 1.4640 and then 1.4570. Probably some market participants realize that the problems in US and the strong EURO will affect the European economy whcih can be easily seen in the ZEW index. Whatever, the market is on the crossroads. If the lifetime high is taken out we can see a move to 1.5200.  If the market goes below 1.4640 the EUR/USD can revisit it’s December 2007 lows @ 1.4310.