Ella 
EUR/USD extends losses and trades below 1.0650.
A new multi-week low is near 1.0614, and the pair is currently consolidating its losses. The price is currently finding resistance near 1.0675. It is close to the 50% retracement level of the decline from 1.0737 to 1.0614.
The next important resistance is near the 1.0700 area. This is also where the key bearish trend line lies, with resistance near 1.0700.
A close above 1.0700 would see the euro begin a steady rise towards 1.0750. Any further gains could push EUR/USD towards resistance at 1.0820. On the downside, the initial support is close to 1.0610, and the next key support is close to 1.0550. If it falls below this level, the euro will test 1.0500.
A break below 1.0500 will push the pair towards 1.0440. Any further losses could push the euro towards the 1.0350 level.
