The Euro is still hovering around the downtrend resistance line as more pressure still affects the market.
As long as prices hold below the resistance of 1.1240-80 the drop pressure could continue towards the target and support of 11065, which in turn could lead to a correction.
Above 1.1350 more advance is expected.
Below 1.1065 more of a drop is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1160 | 1.1240-80 |
| LEVEL2 | 1.1065 | 1.1350 |
| LEVEL3 | 1.0975 | 1.1475 |
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