Yesterday, the euro weakened significantly against the US dollar. The fall of the EUR/USD quotes exceeded 75 points. This is due to the growth of political risks in the EU and the possible Fed rate increase at the March meeting. The nearest support level is 1.04900. Investors' attention is directed to the publication of the FOMC reports. The previous Forecast was confirmed. We continue to expect the "bearish" moods on the EUR/USD currency pair. One should to seek entry points for opening short positions. The potential for movement - 1.04750-1.04500. Read more