The Euro managed to meet the target of 1.0930-50 several times as we still hold our previous outlook.
As we see over the Intraday chart and if prices remain below the 1.0950 resistance, a correction could hit the market towards 1.0740-65.
The market managed so far to drop towards 1.0776.
The support zone of 1.0740-65 could push for a rebound.
Below 1.0740 more of a drop could hit the market with supports at 1.0670 and 1.0530.
Above 1.0950 a chance for further advance toward 1.1000 or 1.1080 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 1.0740-65 | 1.0860 |
| LEVEL2 | 1.0670 | 1.0950 |
| LEVEL3 | 1.0530 | 1.1000 |
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Financial Market Newsflash
Monday, April 21, 2025
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