The Euro fell below the first support of 1.1910 and managed to head for a further drop.
As we see from the chart, the second support is still at 1.1800 which holds the chance for the advance wave to bounce back as the resistance is at 1.2080.
Below 1.1800 more of a drop will be expected with supports at 1.1670 and 1.1580.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1800 | 1.1900 |
| LEVEL2 | 1.1670 | 1.1995 |
| LEVEL3 | 1.1580 | 1.2080 |