EURUSD Daily Analysis – June 25, 2018

EURUSD broke above 1.1644 resistance, suggesting that the downside movement from 1.1851 had completed at 1.1508 already. Further rally could be expected in the coming days and next target would be at 1.1750 area. Support is at 1.1590, only a breakdown below this level could bring the price back to test 1.1580 support.

EURUSD 4-hour chart