EURUSD
Due to the strength of the dollar at the beginning of last week, the exchange rate broke through the lower part of the range at 1.1780. The price then fell to around 1.16, but has not yet reversed permanently. Below 1.1597, 1.1475 could be a very important support level. As long as it remains below the thick red trend line, there will be no trend-like weakening of the dollar. Of course, it is also true that after a week of sideways movement, it should have continued to fall, so at this price level, the buying and selling sides may be balanced. We still have to wait for a decisive signal. Closing below 1.1475 would be a very negative sign, which could open up a large space towards the important correction level of 1.1108.
Resistance levels: 1.1719; 1.1841; 1.1962; 1.2085; 1.2207; 1.2329; 1.2451.
Support levels: 1.1536; 1.1475; 1,1352; 1.1230.
