- EUR/USD remains under pressure on Tuesday and is now challenging September’s low at 1.1526, always on the back of rising jitters on the Italian fiscal sector.
- Further downside below 1.1526 should put 1.1508 back on the radar ahead of 1.1449 (50% Fibo retracement of the 2017-2018 up move).
- Below emerges the so far 2018 low at 1.1299.
- The corrective downside should persists as long as the short-term resistance line, today at 1.1724, underpins.
Daily high: 1.1581
Daily low: 1.1525
Support Levels
S1: 1.1553
S2: 1.1527
S3: 1.1491
Resistance Levels
R1: 1.1614
R2: 1.1650
R3: 1.1676