Fresh bearish extension signals deeper pullback and unmasks key support at 1.1187

The Euro returns to red on Tuesday and extends pullback from new three-month high (1.1383) after Monday’s Doji showed indecision.
Reversal of daily stochastic and RSI from overbought territory and fading bullish momentum, point to correction, while fresh safe-haven demand in early Tuesday’s trading also pressures Euro.
Fresh weakness pressures weekly cloud top (1.1224), with next key support at 1.1187 (Fibo 38.2% of 1.0870/1.1383 upleg / rising daily Tenkan-sen) coming in sight.
Firm break here is needed to put larger bulls on hold and open way for deeper correction.
Conversely, bounce and repeated close above 1.1292 (Fibo 76.4% of1.1494/1.0635) would sideline downside threats and shift focus higher.

Res: 1.1292; 1.1319; 1.1383; 1.1457
Sup: 1.1240; 1.1224; 1.1187; 1.1127