EUR/USD
US Dollar continues to muscle its way across the board vs Majors and Asian currencies, with EUR, GBP, AUD, NZD, CAD, CHF all falling to day lows. EUR stoploss hit below 1.4450 to fresh 7-month lows of 1.4411. Dealers report bids @ 1.4410/00, but also huge stop loss building below 1.4400/3990. EUR/USD broke below the uptrend line on weekly chart and if this break is confirmed on closing basis the trend will be reversed oficially. Some hedge funds have problems with the positions in commodities and have to liquidate more longs to meet the margin requirements. This could cause new waves of selling in oil futures which will give another boost for the USD. Support is @ 1.4410/00 and 1.4310. Resistance is @ 1.4485 and 1.4570.