Analysis


EURUSD Daily Analysis

EURUSD broke below 1.1613 support, suggesting that the downtrend from 1.1790 has resumed. Further decline would likely be seen in the coming days and next target would be at 1.1550 area. Resistance is at 1.1690, only break above this level could bring the price back to next resistance level at 1.1744. A break of this level could trigger another rise towards 1.1850.