EURUSD is still holding above the Intraday support at 1.1380 while the advance scenario still applies.
Traders need to watch the support of 1.1380 after President Donald Trump declared the ceasefire between the US and Iran is over which could increase the dollar’s strength, creating pressure on the market.
Below 1.1380 more of a drop could hit the market with supports at 1.1310 and 1.1210.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1380 | 1.1500-25 |
| LEVEL2 | 1.1310 | 1.16251 |
| LEVEL3 | 1.1210 | 1.1685 |
