FXstreet.com (Barcelona) - The Euro is on a move below 1.2665 support level after having broken through intra-day low at 1.2685, volatility is increasing and the Euro advances under strong selling pressure.

In case of successful move below 1.2665, bearish momentum would increase, as the Euro would enter into fresh intra week-lows. On the downside, next support level could come at 1.26 1, before dropping to Feb 20 low at 1.2565, below there, 1.2515 (Feb 18 low)

On the upside, the Euro should recover above 1.2700 to return to levels of Friday's Asian session, and then get on the way to threaten 1.2800, above there 1.2875, and a swing up could put the pair on the track to 1.30 (Feb 23 high)