EURUSD Daily Analysis – June 21, 2018

EURUSD moved sideways above 1.1510 support. The sideways movement is likely consolidation for the downtrend from 1.1851. A breakdown below this support level could trigger further downside movement towards 1.3000. Resistance is at 1.1670, only a breakout of this level could bring the price back towards 1.1750.

EURUSD 4-hour chart