On Monday, the US dollar rose slightly and Euro fell under pressure. The current price of Euro is around 1.1875, rebounded in early trading. The European Union stated that it will postpone the advancement of the controversial cryptocurrency tax and wait till fall to reassess the situation to focus on negotiating a broader global minimum tax rate agreement supported by the world's major economies. The European Union has been trying to impose a cryptocurrency tax for many years, and originally planned to propose a motion this month to increase revenue and fund a huge economic recovery plan after the epidemic. From a technical point of view, Euro was under short-term pressure after the opening of the market. It gained support at the 1.1835 area and the candle was closed slightly bearish. H4 graph shows the formation of a ladder top and indicators tend to be bullsih. Overall prioritise buy on low on the fluctuation zone. The deciding point whether to buy or sell is 1.1880
Resistance：1.1880-1.1910-1.1950
Support：1.1850-1.1825-1.1800
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