The EURUSD made another aggressive move lower today in New York.  The pair moved down to make new lows for the year and may be on its way to test the 1.2480 level.  similar to last week the pair has been on a steady march lower.  In the long run the cross could be on its way to the 1.20 zone.  Resistance is now at past support around 1.225.  A move up to this level could attract seller.

Sup   1.2480         1.2390

Res    1.2625

Watch Currency Wrap a quick market shot and trading plan for tonight  Asian and European markets