EURUSD Daily Analysis – October 1, 2018

EURUSD extended its downside movement from 1.1815 to as low as 1.1569. Further decline is still possible in a couple of days and next target would be at 1.1400 area. Resistance is at 1.1680, as long as this level holds, the downtrend will continue.

EURUSD 4-hour chart