The Euro resumed the downward movement and yesterday hit a low at 1.1598.
As we see over the Intraday chart, the market is still facing support at 1.1575, where as long as the market holds above it, a rebound will be expected with resistance at the 1.1700-20 zone.
Below 1.1575 more of a drop will be expected towards the 1.1420-50 area.
Above 1.1720 more advance could hit the market with resistance around 1.1820-50.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1575 | 1.1720 |
| LEVEL2 | 1.1515 | 1.1820-50 |
| LEVEL3 | 1.1390 | 1.1920 |
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