Forex: EUR/USD hits fresh 1-month low

FXstreet.com (Córdoba) - As the US dollar strengthened broadly in the wake of the latest FOMC minutes, which showed rising unease about its QE program, the EUR/USD was dragged below the 1.3300 mark and hit its lowest level in a month.

EUR/USD has fallen as low as 1.3273 so far and it is currently trading around 1.3275 where it prints a 0.8% loss on the day and remains vulnerable to further declines. An ascendant trendline coming from Jul 2012 low (1.2041) at 1.3200 is the key support ahead for the shared currency.

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