• The EUR /USD pair declined on Thursday as greenback bullish run against euro continued as Trump unexpectedly victory over Democratic rival Hillary Clinton, caused investors to flee to safe-haven assets.
  ​
• The dollar also gained as investors concluded a December Federal Reserve interest rate hike remained on the cards following Donald Trump's election as U.S. president.
   
• The ongoing weakness is set to continue for this pair as the resistance level at 1.0961 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 1.0913, a break above this level would expose the pair to next resistance level at 1.0961.
   
• To the downside, immediate support can be seen at 1.0861, a break below at this level will open the door towards next level at 1.0821.
  
  Resistance Levels
  
  R1:  1.0913 (50% Retracement level)       
  
  R2: 1.0961 (61.8% Retracement level)    
  
  R3: 1.1000 (Psychological levels)
  
  Support Levels
  
  S1: 1.0861 (38.2% Retracement level)                    
  
  S2: 1.0821 (March 9th lows)
  
  S3: 1.0793 (23.6% Retracement level)