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the euro lowered its value from 1.2160 USD to 1.2103 USD. This morning the currency pair is trading at 1.2109 USD, if euro breaks the resistance levels at 1.2159 - 1.2176 USD, the aim will be reaching and testing the zone 1.2241 - 1.225 USD. If it is successful, the trend will continue to 1.2273 - 1.229 USD. If euro drops below the support levels at 1.2063 - 1.2046 USD, it will try to find next support at 1.2022 - 1.2014 USD. In case of breaking down, the downward trend will continue to 1.1949 - 1.1932 USD.
