EURUSD Daily Analysis – June 20, 2018

EURUSD extended its downside movement from 1.1851 to as low as 1.1530. Another fall to test 1.1510 support is possible after a minor consolidation and a breakdown below this level could trigger further downside movement to 1.3000 area. Resistance is at 1.1670, only a breakout of this level could signal completion of the downtrend.

EURUSD 4-hour chart