The Euro managed to break below the 1.1000 support level on US labor market data last Friday.
The market is now targeting the 1.0880 support, as we previously advised, while intraday resistances are located at 1.0985 and 1.1035.
As long as the market holds below 1.0985, further declines are expected, with initial support at 1.0950.
Above 1.1035, the market may advance, with resistances at 1.1085 and 1.1145.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0950 | 1.0985 |
| LEVEL2 | 1.0880 | 1.1035 |
| LEVEL3 | 1.0780 | 1.1085 |
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