As seen in our previous chart, the Euro broke above the resistance of 1.0895, which could signify a further advance.
The market is facing an uptrend, with the support zone around 1.0785-95. If prices are above this area, an advanced wave could move towards 1.0980 and 1.1140.
Below 1.0785, a further drop toward 1.0700 and below is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0785-95 | 1.0915 |
| LEVEL2 | 1.0700 | 1.0980 |
| LEVEL3 | 1.0600 | 1.1140 |
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