EURUSD Daily Analysis – May 22, 2020

EURUSD failed to break above 1.1018 resistance, and pulled back from 1.1008. Another rise to test 1.1018 resistance is still possible, a breakout of this level could trigger another upside movement towards 1.1100. Support is at 1.0918, below this level could bring the price back to 1.0800 area.

EURUSD 4-hour chart