EURUSD Daily Analysis – June 28, 2018

EURUSD dropped sharply from 1.1720 to as low as 1.1540. Deeper decline to test 1.1508 support would likely be seen and a breakdown below this level could take the price to 1.1400 area. Resistance is at 1.1650, only a break of this level could trigger another rise towards 1.1800.

EURUSD 4-hour chart