•The euro slumped as a police crackdown on a unilateral independence vote in Catalonia weighed heavily on the investor sentiment. The pair is currently trading around 1.1742.
•Immediate resistance is located around 1.1825 & 1.1860 [38.2% & 50.0% retracement of 1.2004 and 1.1717], a break above targets 1.1880 [H4 200 SMA].
•On the downside, support is seen at 1.1717 [Sept. 27 Low], a break below could drag it near 1.1690.
•Support: 1.1717, 1.1690 & 1.1650
•Resistance: 1.1775, 1.1825 & 1.1860
•Recommendation: Sell on rally around 1.1860 with SL above: 1.1890 and TP: 1.1820 & 1.1775.