Euro managed to continue drop toward 1.2000 support level as we advised last week while managed today to print below this support
Intraday levels showing support at 1.1940-60 zone which in turn may provide another rebound correction toward 1.2060-80 zone as we see over the chart
Below 1.1940 more drop toward 1.1860 will be expected
Short-run still showing ability for trading zone between support 1.1860 and 1.2060
Support | Resistance | |
Level 1 | 1.1940-60 | 1.2025 |
Level 2 | 1.1860 | 1.2060-80 |
Level 3 | 1.1780 | 1.2160 |