The Euro remained below the downtrend resistance zone of 1.0370 and retreated towards 1.0258.
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.
Above 1.0460 more advance toward the 1.0610-30 resistance zone could hit the market
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0200 | 1.0350-70 |
| LEVEL2 | 1.0100 | 1.0460 |
| LEVEL3 | 1.0000 | 1.0610-30 |
Join our responsible trading community - Open your Orbex account now!
