The Euro managed to test the resistance zone of 1.1030-50 and dropped toward 1.0950 before rebounding again and testing 1.1030-50.
The intraday levels show a possible uptrend channel which still has resistance around 1.1030-50 and support at 1.0890. This is where a trading zone could develop before advancing toward 1.1140 and above.
Below 1.0890 more of a drop to test the channel support around 1.0820 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0890 | 1.1030-50 |
| LEVEL2 | 1.0820 | 1.1140 |
| LEVEL3 | 1.0775 | 1.1275 |
|
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