The pair is trading at session lows of 112.04 now
Looking at the daily chart, there's a support level at the 38.2 retracement level at 111.99 (you can just call it 112.00) and right below it there's more support via the 100-day and 200-day MA at 111.70 and 111.63 lurking nearby.
But also, do look out for the option expiries for today as we have one large one at the 112.00 level as well.
For now, the drop has stalled here as dollar sentiment continues to be soggy due to the tax bill uncertainty.
