The Euro still holds our trading zone while as we see from the chart, a creation of a triangle formation is beginning.
This could be a bear Flag formation which might push for more drop towards the 1.1200 zone.
However a break above 1.1658 could push for more advance towards 1.1800 and 1.1920-50.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1470-90 | 1.1628-58 |
| LEVEL2 | 1.1410 | 1.1800 |
| LEVEL3 | 1.1200 | 1.1920-50 |