S&P lowered the outlook to negative for the EFSF debt from developing. The AA+ rating was affirmed. The price of the EURUSD has moved lower on the announcement and tested the trendline support at the 1.3077 level currently. Earlier today the price dipped below this trendline but quickly rebounded.  Sellers will need to push the price below this level to solicit more selling pressure with the 1.3341 and the 100 hour MA at the 1.332 the next targets. Failure to move below should find … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards