FXstreet.com (Barcelona) - The Euro has dropped from an opening price of around 1.3050 to a new two-weeks low at 1.2966 during Asian session to bounce up, although attempt to recovery halted at 1.3020, at the moment, the Euro struggles with the 1.30 level.

On the downside, support levels might come at 1.2965, (fresh two-week low), and below there 1.2950 (61.8 Fib retracement of March rally), and below there 1.2900 (Feb 25 high).

In case of a recovery from current levels, resistance could come at intra-day high at 1.3020, and once above here, 1.3060 and the area between 1.3025/45 (14/15 Apr lows).

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