Euro’s failure take out falling trend line on the hourly chart if followed by a break below rising trend line support now seen at 1.1359 could result in a quick fire drop to 1.1320-1.13 levels. On the higher side, break above 1.1419 (23.6% of 1.0463-1.1714) could signal intraday bearish invalidation and expose resistance at 1.1464-1.15.
