EURUSD Daily Analysis – June 6, 2018

EURUSD is facing 1.1750 resistance. A breakout of this level would indicate that the upside movement from 1.1510 has resumed, then next target would be at 1.2000 area. Support is at 1.1617, a breakdown below this level could bring the price back towards 1.1510. Below this level would aim 1.1400 area.

EURUSD 4-hour chart