Euro managed to retreat from resistance 1.2440-60 as we advised last week and as we see over our previous chart
Market managed to hit first target zone 1.2250-70 last Friday where managed to obtain a rebound correction toward resistance 1.2335
Intraday Level howing ability for trading zone between 1.2250-70 and resistance 1.2335 where a below 1.2250 may lead for farther drop to re-test 1.2165 which in turn may provide rebound correction again toward 1.2335
Above 1.2335 market may head again to re-tetst downtrend line around 1.2420-40 zone
| Support | Resistance | |
| Level 1 | 1.2250-70 | 1.2335 |
| Level 2 | 1.2165 | 1.2420-40 |
| Level 3 | 1.2090 | 1.2555 |
![Credit Card 160×600 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/06/13144507/Blog-Banner_EN-Banner_160X600X2.webp)
