The euro finds itself out of favour as it tumbles against the dollar and the pound
1.0396 the low as the pressure remains on the euro. The quid is helping by driving down EURGBP to 0.8459 from session highs of 0.8530, as is the dollar, which is looking stronger across the board.
The stronger looking support is around 1.0370/75.
EURUSD H1 chart
Any bounce in EURUSD is likely to find 1.0420 the closest main resistance, followed by 1.0445/50. Watch for resistance also trying to build in the 1.0410/15 area as that will keep the bearish pressure on the big figure.
