FXstreet.com (Barcelona) - The common currency has lost it 1.3615 support level during the European session, after having been trading between 1.3615 and 1.3680 during the whole Asian session, the Euro broke support and fell to 1.3525 intra-day low.

On the hourly chart, The Euro is testing levels below the 100 SMA, while bearish momentum seems to be increasing, above the 1.3485/1.3500 support level, below there, Mar 19 low at 1.3415 would be the next support level to observe.

On the Upside, the Euro should advance through 1.3616 and then cross intra-day high at 1.3680 in order to attack what seems a strong resistance line at 1.3740.