After being traded within an overbought area, the Euro managed to fall back against the Pound to reach the critical support level at 0.7890 before reversing back to the upside. If the pair gathers enough momentum to successfully break out the resistance level at 0.7944, the next target for the pair will possibly 0.7961 and 0.7978 respectively. The point at 0.7918 offers strong demand for the pair.


Resistance0.7962 0.7975 0.7990 0.8004 0.8017