The Euro managed to fall below the support of 1.1665 which restored the pressure again on the market.
As we see from the previous chart, and as long as the market holds below 1.1630-55, the drop pressure could continue with support at 1.1475 could lead to a rebound.
Below 1.1475 more of a drop will be expected with support at 1.1390.
Above 1.1655 more advance towards 1.1730 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1475 | 1.1635-55 |
| LEVEL2 | 1.1390 | 1.1730 |
| LEVEL3 | 1.1250 | 1.1820 |
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