Euro faced some drop pressure after ECB announced that will cut QE by half which managed to place euro under pressure
As long as market holding below 1.1900-20 another drop wave may target 1.1720-50 zone
Above 1.1920 more advance will be expected toward 1.1980 and 1.2050
Support | Resistance | |
Level 1 | 1.1750 | 1.1900-20 |
Level 2 | 1.1700 | 1.1980 |
Level 3 | 1.1660 | 1.2050-70 |