EURUSD Daily Analysis – June 2, 2017

EURUSD is facing 1.1267 resistance, a break of this level will confirm that the uptrend from 1.0569 (Apr 10 low) has resumed, then the following bullish movement could bring price into 1.1450 zone. Near term support is at 1.1190, only a breakdown below this level will indicate that lengthier consolidation for the uptrend is needed, then the pair will find support at around 1.1050.

EURUSD 4-hour chart