As we advised early this week
Euro managed to hold support 1.2260-80 where managed today to hit target 1.2440-60 zone
As we see over the chart, market now facing downtrend resistance at 1.2440-60 zone where as long as market holding below this line another drop wave toward 1.2250-70 zone will be expected
Above 1.2460 market may enter new advance wave that may target 1.2620 while resistance laying at 1.2555
| Support | Resistance | |
| Level 1 | 1.2360 | 1.2440-60 |
| Level 2 | 1.2250-70 | 1.2555 |
| Level 3 | 1.2165 | 1.2620 |
