Forex: EUR/USD sees quick setback

FXstreet.com (Córdoba) - The euro took a 180 degree turn and slipped to fresh daily lows against the greenback as a wave of risk aversion hit the markets after the IMF lowered its global growth forecast.

EUR/USD dropped over 60 pips in a matter of minutes, breaking below the 1.3300 mark to hit a fresh daily low of 1.3263. At time of writing, EUR/USD is quoting at the 1.3280 zone, 0.3% below its opening price.

As for technical levels, Valeria Bednarik, chief analyst at FXstreet.com sees immediate supports at 1.3250 and 1.3220, while she locates resistances at 1.3330, 1.3350 and 1.3375.
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