The Euro fell below the support of 1.1700 which could lead to a further drop.
As we see over the Intraday chart, the market faces the first resistance around 1.1750, where as long as prices hold below it, the pressure could continue as support at 1.1575 could create the chance for a rebound.
Above 1.1750, strong signals could return to the market with resistances around 1.1850 and 1.1920.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.1575 | 1.1750 |
| LEVEL2 | 1.1390 | 1.1850 |
| LEVEL3 | 1.1220 | 1.1920 |
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