Resistance 3: $1.2650
Resistance 2: $1.2590
Resistance 1: $1.2510
Current price: $1.2478
Support 1: $1.2380
Support 2: $1.2330
Support 3: $1.2200
Comments:
The euro declined against the dollar on speculation the European
Central Bank will lower interest rates to support growth. The nearest
purpose of restoration is the level $1,2510 (23,6% FIBO of decrease
$1,2925-$ 1,2470). Further growth to $1,2590 (38,2%) and above to
$1,2650 (50,0 %) is possible. As the nearest support acts the area of a
session low on $1,2380. Overcoming of the given level will open road
to two years low on $1,2330. Below possible falling to a level $1,2200.