EURUSD Weekly Analysis – June 17, 2018

EURUSD is facing 1.1510 support. A breakdown below this level will indicate that the downside movement from 1.2555 has resumed, then the following downside movement could take the price to 1.1000 area. Resistance levels are at 1.1700 and 1.1851, only break above these levels could signal completion of the downtrend.

EURUSD daily chart