As we advised early this week
Euro managed to test resistance zone 1.1740-60 where so far market still holding below where managed to hit first Intraday target 1.1670 as we advised last Monday
Market closing from ECB rate decision and press conference where as long as market holding below 1.1740-60 more drop to test 1.1600-20 zone is expected where another advance will be expected as we see over the chart
Above 1.1760 more advance toward 1.1860-90 zone will be expected
Below 1.1600 a chance for more drop to re-test 1.1505-20 zone is expected
Below 1.1500 anew downtrend wave may hit the market
| Support | Resistance | |
| Level 1 | 1.1700 | 1.1740-50 |
| Level 2 | 1.1600-20 | 1.1825 |
| Level 3 | 1.1505-20 | 1.1890 |
