The Euro is still under pressure as we stated in the last few weeks as the target remains towards 1.1580.
As we see over the Intraday chart, prices face the first resistance at 1.1860 while as long as the market holds trades it, the downtrend pressure could continue toward 1.1580.
Above 1.1860 more advance could hit the market with resistance at 1.1970-90 pushing again for another drop.
As we see over the Intraday chart, prices face the first resistance at 1.1860 while as long as the market holds trades it, the downtrend pressure could continue toward 1.1580.
Above 1.1860 more advance could hit the market with resistance at 1.1970-90 pushing again for another drop.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1725 | 1.1860 |
| LEVEL2 | 1.1580 | 1.1970-90 |
| LEVEL3 | 1.1400 | 1.2080 |
