EURUSD Daily Analysis – August 3, 2018

EURUSD broke below the bottom support trend line of the triangle pattern on the 4-hour chart. Further decline would likely be seen in the coming days and next target would be at 1.1500 area. Resistance is at 1.1650, only a break of this level could bring the price back to test 1.1750 resistance.

EURUSD 4-hour chart