Last Friday, the US dollar rose and fell, and the trend of major non-US currencies reversed. Euro has continued to fall since the beginning of the week, reaching a 3-month low at around 1.1780. On Thursday and Friday, the market stars turning bullish, price increased to around 1.1880, and closed with a 0.1% last week. Officials from the European Central Bank meeting revealed this week that policymakers rejected a proposal to clarify when and under what circumstances they might be prepared to tighten monetary policy after the inflation target changes. From a technical point of view, Euro’s weekly candle is closed with a small positive candle. EURUSD reached bottom level and rebounded. The daily candle is closed bullish and H4 graph showed that EURUSD fluctuated at around 1.1880-1.1825 range in H4. Overall prioritise operation on the fluctuation zone. The deciding point whether to buy or sell is near 1.1880
Resistance：1.1880-1.1910-1.1950
Support：1.1825-1.1800-1.1750
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