The Euro hit the target of 1.1830 and above before dropping lower yesterday to break below first the support at 1.1770.
As we see over the chart, the market is facing supports around 1.1770 and 1.1700, where one of those supports could keep the advance wave ongoing towards 1.2000-20.
Below 1.1700 a chance for further drop could hit the market with support around 1.1575, which could push for a rebound.
Below 1.1575 more of a drop will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1700 | 1.1795 |
| LEVEL2 | 1.1575 | 1.1850 |
| LEVEL3 | 1.1390 | 1.1920 |