The Euro managed to hold below the resistance of 1.1620 to meet the target of 1.1500 and broke further below.
As we see from the chart, the Intraday levels show resistance around 1.1530, where as long as the market holds below it, the drop pressure could remain with support at 1.1390 keeping the chance for a rebound.
Below 1.1390 more of a drop toward 1.1210 will be expected.
Above 1.1690 more advance could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1390 | 1.1620-90 |
| LEVEL2 | 1.1210 | 1.1850 |
| LEVEL3 | 1.1065 | 1.1950 |
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