The Euro still holds below the resistance 1.1240-80 which is still pushing the market for another drop.
As long as prices hold below this resistance, more of a drop toward 1.0975 is likely.
Above 1.1350, the market could head toward 1.1570.
| SUPPORT | RESISTANCE | |
|---|---|---|
| LEVEL1 | 1.1115 | 1.1240-80 |
| LEVEL2 | 1.1065 | 1.1350 |
| LEVEL3 | 1.0975 | 1.1475 |