Euro - EurUsd Rate Current low 1.0850 just short of 1.0801 Support Level - Expected Outcome is that Price will respect the Support Level mentioned and bounce towards New Term Highs at 1.1548 and 1.1435 is at 38% percent bar on the monthly chart cycle high. Stoploss placement again just below 1.0801 mark may require slight adjustment as the trade progresses.