Support level 1: 1.1931 Support level 2: 1.1901 Support level 3: 1.1845
Comment: Euro is now suffering from a strong bearish trend, closing below the third support level. For future trading references, if it trends bullish then the resistance of 1.2016 could be broken and push the price back up to 1.2072. However, if the downward trend sustains then the support of 1.1931 may falter, which could pull the price lower to 1.1901.
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