As we advised early this week, Euro sustain uder drop pressure where market managed to hit 1.1980 low yesterday
Our view still the same toward target 1.1900-20 zone
Intraday showing main resistance at 1.2050-70 zone where as long as market holding below this levels more drop to test 1.1900-20 zone is expected
1.1900-20 may drive for rebound correction which may hold trading zone toward 1.2050-70
Euro-area economic growth slowed in the first quarter, while market approach from fed statement where any support for strong path from Fed to hike this year may continue drop pressure over Euro
| Support | Resistance | |
| Level 1 | 1.1980 | 1.2050-70 |
| Level 2 | 1.1900-20 | 1.2150-70 |
| Level 3 | 1.1850 | 1.2215-45 |
