On Monday, EURUSD fell further, hitting a three-month low of 1.1763. The panic surrounding the delta mutant virus has hit the global financial market. European and American stock markets have suffered a sharp decline. The market expects the European Central Bank to hold a dovish policy meeting on Thursday. Many countries in the Euro Zone are responding to the consequences of the floods, while trying to deal with the resurgence of COVID-19, both of which are seen as obstacles to the region's economic recovery, and Euro continues to be under pressure. From a technical point of view, Euro's daily line fluctuated within small interval, breaking new lows in the short term, and the market was bearish. The market formed triangular downward pattern in H4 graph, and the indicators were bearish across the board. Overall prioritise sell on high on the fluctuation zone. The deciding point whether to buy or sell is near 1.1760.
Resistance：1.1825-1.1850-1.1880
Support：1.1775-1.1760-1.1700
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