The Euro hit the target of 1.0425 and broke further after the Fed’s hawkish tone yesterday, that future cuts would require fresh inflation progress.
As we see over the chart the market managed to almost test the support of 1.0335 as prices face an Intraday trading zone toward the 1.0425 resistance.
Above 1.0490 more advance will be expected with resistance at 1.0610.
Below 1.0330 more of a drop toward 1.0225 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0335 | 1.0425 |
| LEVEL2 | 1.0225 | 1.0490 |
| LEVEL3 | 0.9900 | 1.0610 |
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