Euro managed to head towards a drop correction as the Market edged into the overbought zone today. Early today Eurusd fell below the 1.2240 Support.
The market is now facing a support level at 1.2180 which, if the currency pair manages to hold at, could signal there will be an uptrend wave will towards the 1.2335 zone.
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Below 1.2180 the market may drop further towards the 1.2080 support zone.
First resistance lies at 1.2240.
| Support | Resistance | |
| Level 1 | 1.2180 | 1.2240 |
| Level 2 | 1.2080 | 1.2285 |
| Level 3 | 1.2000 | 1.2335 |
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