- EUR/USD still testing declining trendline as consolidation pattern sets up.
- Intraday technical oscillators shifting to the downside, but market sentiment remains bullish for the new week.
- Economic calendar for the Euro’s Monday populated with low-tier data, risk appetite to decide direction.
Spot rate: 1.1693
Relative change: 0.30%
Day’s high: 1.1697
Day’s low: 1.1655
Trend: Sideways
Support 1: 1.1655 (Monday’s open, current low)
Support 2: 1.1562 (23.6% 1-Week Fibonacci level)
Support 3: 1.1510 (One week low)
Resistance 1: 1.1724 (One week high)
Resistance 2: 1.1780 (161.8% 1-Day Fibonacci level)
Resistance 3: 1.1814 (R3 1-Day pivot)
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