The Euro printed below the support of 1.1800 which could push the market for a further drop.
As we see over the chart, the market is facing resistance around 1.1880, where as long as prices remain below it, the downtrend pressure could continue towards the 1.1580-99 zone.
Above 1.1880 more advance will be expected with resistances at 1.1970-90 and 1.2080.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1730 | 1.1880 |
| LEVEL2 | 1.1670 | 1.1970-90 |
| LEVEL3 | 1.1580 | 1.2080 |