Forex: EUR/USD falls to 1.3050 (San Francisco) - The Euro has continued with its declines against the Dollar on the Italian election results and after falling around 265 pips from 1.3315, the EUR/USD has posted 1.3050 as fresh lowest level since January 10th.

Currently the pair is trading at 1.3075, 1.10% below opening price action. Next support levels line up at 1.3039 (low Jan.10) ahead of 1.3018 (low Jan.7). On the flip side, 1.3150, 1.3230 and 1.3300.