Euro breaches 1.10340, but a major challenge awaits at 1.10610

The Euro reversed from the downward trend established two weeks ago but still not out of the red zone. The pair breached 1.10340 resistance in Friday's session but fell short of its target price at 1.10610. The Euro needs to remain above 1.10340 to continue its recovery. A break above 1.10610 could clear the path for further moves to the upside.

Resistance: 1.10610, 1.10830, 1.11120, and 1.11360
Support: 1.10340, 1.10210, 1.10060, and 1.09895