Technical lines from top to bottom:
1..1373 was the November 2003 level and it looms above. 1.1290 was a pivotal line back in January 2015 and is resistance.
The round number of 1.12 is clear resistance. It is followed by a low seen in January of 1.1113 which is nearly 0.90 on USD/EUR.
1.1050 was a high point in March 2015 and is another line of resistance before the round level 1.10. This is still a battle line.
The next line was minor support back in October 1999: 1.0910. It was resistance back then and was tested once again in March 2015. This is followed by which worked in both directions.
The next line is 1.0760, which was the low point in both July and August 2003. There isn’t much support between here and 1.0615, which worked in both directions during March 2015 and is better at support.
Another minor line is 1.0550, for a role as support in the same period of time. The very round level of 1.05 served as support during 2003.
The lowest level in over 12 years is 1.0462 and this makes it critical support.
From here on, we are at levels last seen over a decade ago. We have some support at 1.0360: this was the low point in January 2003. Further down, 1.0170 worked as resistance back in November 2012. It is close to the swing high of 1.0208 seen in July of that year.
Below this point we have the very obvious level of 1 – EUR/USD parity, which is already eyed by more and more analysts