EUR/USD retests strong resistance at 1.1110/20 as I write over night and again topped exactly here. We have dipped to 1.1065/60 and could continue lower to support at 1.1035/25. Longs need stops below 1.1000 but further losses target minor support at 1.0970/65.
If we continue lower look for 1.0935/30 before last week's low at 1.0909. A break below 1.0900 is obviously negative and targets 1.0880, 1.0850/40 then March lows at 1.0825/20. If we continue lower look for 1.0787/77, perhaps as far as this year's very important low seen in January at 1.0720/10.
Try shorts again at strong resistance at 1.1110/20 (until this level no longer works) with stops above 1.1150. A break higher is a buy signal seeing 1.1120/10 act as strong support to target 1.1170/75, perhaps as far as strong resistance at 1.1230-1.1240. Try shorts here with stops above 1.1270. An unexpected break higher targets 1.1360/70.