EURUSD Daily Analysis – April 4, 2018

EURUSD extended its downside movement from 1.2476 to as low as 1.2253, facing 1.2239 support. A breakdown below this level could take price to next support level at 1.2155. Resistance is at 1.2345, only a break of this level would suggest that the downside movement is complete, then another rise towards 1.2555 could be seen.

EURUSD 4-hour chart