The Euro hit the first target of 1.0225, while the market managed to rebound and close the downtrend resistance zone at 1.0370 ahead of US Inflation figures.
As we see over the chart, prices still have a chance for another drop toward 1.0100 as long as the market holds below 1.0370.
Above 1.0370 will be the first sign of strength over market as the second resistance 1.0460 could push for a drop movement.
This scenario will be highly affected by US CPI figures today.
Above 1.0460 more advance toward the 1.0610-30 resistance zone could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0200 | 1.0370 |
| LEVEL2 | 1.0100 | 1.0460 |
| LEVEL3 | 1.0000 | 1.0610-30 |
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