As we see over our previous chart, the Euro seems to be building a Triangle formation at support 1.1545, as resistance at 1.1700 has the chance for a trading zone.
Above 1.1700 more advance could hit the market with resistance at 1.1780-1.1820.
Below 1.1545 more of a drop will be expected with support at 1.1390.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1545 | 1.1700 |
| LEVEL2 | 1.1390 | 1.1780-1.1820 |
| LEVEL3 | 1.1250 | 1.1920 |
Interesting to see EUR/USD nearing a key inflection point. If it stays within the 1.1545-1.1700 range, traders may see choppy price action, but a breakout could set the tone for the next move.