The Euro managed to hold trades below the trend resistance at 1.1765, while dropping closer towards the support of 1.1645 before rebounding.
As we see over the chart, and if the market holds below the said resistance, more downturns will be expected, with supports at 1.1645 and 1.1575.
Above 1.1765, the advance signals could start gathering at the market for further advance.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1645 | 1.1765 |
| LEVEL2 | 1.1575 | 1.1820-50 |
| LEVEL3 | 1.1390 | 1.1920 |
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