On Monday, Euro's volatility was relatively small, and it is currently trading near 1.1880. The stabilization of the USD caused a certain degree of pressure on Euro. Weak economic data in the Eurozone is also an important factor in the fall of the Euro. Data show that the Sentix Investor Confidence Index in the Eurozone in September performed worse than market expectations. The European Central Bank will meet on Thursday, and it is expected that it will gradually reduce its stimulus plan, and this expectation supports the value of Euro.
From a technical point of view, Euro's daily candle closes with a bullish doji candle, followed by a bearish candle, which suppressed the confidence of the bulls. The daily chart shows that MA22 was flat, and the MACD is near the 0 axis, and the other indicators tend to be neutral. H4 chart shows an increase followed by a drop and is currently supported by the middle BOLL band, other indicators remain strong. Overall prioritize operation on the fluctuation zone. Consider the support zone and resistance zone, the deciding point whether to buy or sell is near 1.1910
Resistance：1.1890-1.1910-1.1950
Support：1.1865-1.1840-1.1800
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