The Euro is giving up its gains against the Dollar, key support now sits at ?1.0669.

Taking a look at the EUR/USD in this instance, the forex pair is currently trading at around €1.0698. It is approaching the major support level resting at €1.0669 (horizontal trendline), a break below this price level could see the price of the euro fall towards €1.0600 against the dollar. Resistance sits at €1.0712 then at €1.0735 (descending trendline), a break above this resistance would only then indicate that there is potential for further upside. With aims then for €1.0790. If we glance over the technical indicators, MACD seems like it's turning negative, and RSI is negative as it reads 36. Although, RSI is edging closer to the ‘oversold’ territory.