The Euro fell under the 1.3330 mid-term support and stabilized near the 1.3300 mark, establishing a fresh low at 1.3285 during the Asian session. Support is seen at 1.3285 backed by 1.3250. Resistance is formed by 1.3330 followed by 1.3370 and 1.3430. Daily sentiment is bearish, hourly is slightly bullish. The pair failed to hold inside the downward channel formed on the daily charts starting at 04/23 low's and 04/30 high's, extended right. If the decline continues, the 1.3250 support will be tested soon and if a break occurs, we will look forward for fresh lows into the 1.31 area. On the other side, the Euro is close to the 50 fib retracement of the 1.2875-1.3680 move at 1.3270 so the current decline may end soon and the Euro may resume the long-term uptrend. Current quote is 1.3308 @ 06:10 GMT