EURUSD Daily Analysis – July 27, 2018

EURUSD failed to break above 1.1750 resistance and pulled back to 1.1638, breaking below 1.1655 support. Further decline to test 1.1575 support would likely be seen in the coming days and a breakdown below this level could take the price towards 1.1500. Resistance is at 1.1750, only break above this level could trigger further upside movement towards 1.1850.

EURUSD 4-hour chart