The Euro opened this week with gap lower after the new US tariffs, as the market managed to cover the price gap all the way toward 1.0350.
As we see over the chart, the market is facing Intraday resistance around 1.0350-60 which could create a trading zone toward the 1.0175 support.
Above 1.0360 we will expect the advance movement to expand toward target 1.0610-30.
Below 1.0175 more of a drop will be expected toward 1.0075 and maybe 1.0000.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0270 | 1.0350-60 |
| LEVEL2 | 1.0175 | 1.0530 |
| LEVEL3 | 1.0075 | 1.0630 |
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