EURUSD Daily Analysis – June 18, 2018

EURUSD extended its downside movement from 1.1851 to as low as 1.1543. Further decline to test 1.1510 support is possible after a minor consolidation and a breakdown below this level could take the price to 1.3000 area. Resistance is at 1.1670, only a break of this level could bring the price back towards 1.1900.

EURUSD 4-hour chart