We still looking to our previous outlook for the Euro as see on our previous chart.
The Euro fell below the support 1.0860 which could push for a further drop toward the 1.0700 zone.
As we see on the chart and if prices hold below 1.0870, the downtrend pressure could sustain and head toward 1.0700.
Above 1.0900 some strength could gather over Euro for another advance with resistance at the 1.0980-99 zone.
SUPPORT | RESISTANCE | |
LEVEL1 | 1.0780 | 1.0870-1.0900 |
LEVEL2 | 10700 | 1.0980-99 |
LEVEL3 | 1.0600 | 1.1140 |