The dollar was up on Wednesday morning in Asia, clinging onto gains after U.S. markets saw a second rout in tech stocks in less than a week, giving the dollar a boost. The dollar also saw gains against the euro in the wake of European Central Bank (ECB) chief economist Philip Lane’s comments during the previous week that the exchange rate mattered to monetary policy.

Overall the EURUSD market is bearish with a downside breakout likely sending trade to attack a 1.1728 - 1.1695 August low.  Just a close over  1.1870 (SAR)  signals a reversing
upturn.

R2         1.1814
R1         1.1792

 
S1         1.1750
S2         1.1728