EURUSD Daily Analysis – September 3, 2018

EURUSD extended its downside movement from 1.1733 to as low as 1.1584. Deeper decline is still possible and next target would be at 1.1540 area. Near term resistance is at 1.1640, only a break of this level could bring the price back towards 1.1733 previous high.

EURUSD 4-hour chart