The Euro managed to hit a rebound towards 1.1768 so far.
As we see from the chart, the market seems to be building a triangle formation which could lead prices inside a trading zone between support 1.1530-50 and resistance 1.1810.
Above 1.1810 more advance toward 1.1950-70 will be expected.
Below 1.1530 more of a drop will be expected with support at 1.1390.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1530-50 | 1.1810 |
| LEVEL2 | 1.1390 | 1.1950-70 |
| LEVEL3 | 1.1210 | 1.2100 |
