• The EUR/USD  declined at the beginning of the US session on Monday as the pair found selling interest after dollar was boosted on expectations that  Federal Reserve will raise interest rates in  December.
   
• The U.S. central bank meets next week. It is expected to keep benchmark rates on hold but could give a clear signal of rises to come, possibly in December.
   
• The ongoing weakness for this pair is set to continue as resistance level at 1.0954 levels should limit upside and bring decline towards lower levels in the short term.
   
• To the upside, immediate resistance can be seen at 1.0904 a break above this level would take the pair towards next resistance level at 1.0954.
   
• To the downside, strong support can be seen at 1.0852 levels, a break below this level will open the door towards next level at 1.0800.
  
  Resistance Levels
  
  R1: 1.0904 (50% Retracement level)
  
  R2: 1.0954 (61.8% Retracement level)
  
  R3: 1.1000 (Psychological levels)
  
  Support Levels
  
  S1: 1.0852 (38.2% Retracement level)
  
  S2: 1.0800 (23.6% Retracement level)
  
  S3: 1.0773(Jan 17th lows)