• The EUR /USD pair fell as low as 1.0697 in the early US session , as greenback was boosted by a surge in Treasury yields after Donald Trump's election to the U.S. presidency.
   
• Dollar also received a lift as investors have begun to debate the possibility of another move towards parity between the dollar and the euro, as the U.S. currency benefited from expectations of an inflationary push from the future Trump administration.
   
• The ongoing weakness is set to continue for this pair as the resistance level at 1.0800 is likely to act as strong barrier to the bulls and bring a further decline towards lower levels.
   
• To the upside, the immediate resistance can be seen at 1.0732, a break above this level would expose the pair to next resistance level at 1.0800.
   
• To the downside, immediate support can be seen at 1.0669, a break below at this level will open the door towards next level at 1.0600.
  
  Resistance Levels
  
  R1:  1.0732 (50% Retracement level)       
  
  R2: 1.0800 (61.8% Retracement level)    
  
  R3: 1.0841 (Nov 14th high)
  
  Support Levels
  
  S1: 1.0669 (38.2% Retracement level)                    
  
  S2: 1.0600 (Psychological levels)
  
  S3: 1.0572 (23.6% Retracement level)