EURUSD Daily Analysis – June 9, 2017

EURUSD broke below 1.1200 support, indicating that lengthier consolidation for the uptrend from 1.0569 (Apr 10 low) is needed. Deeper decline could be expected in a couple of days, and the target would be at around 1.1130. Resistance is at 1.1285, only a break of this level could trigger another rise towards 1.1450.

EURUSD 4-hour chart