Ahead of the US Producer Price Index, the EURUSD pair is trading below the 1.1744 key resistance level. As long as the pair stays below 1.1744 on a four hourly basis, we will watch the support level at 1.1658. On the upside, if the pair rises above 1.1744, the next resistance level can be found at 1.1819.
Support : 1.1658 - 1.1589 - 1.1507
Resistance : 1.1744 - 1.1815 - 1.2046