EURUSD Daily Analysis – March 6, 2019

EURUSD extended its downside movement from 1.1419 to as low as 1.1289. Further decline is still possible after a minor consolidation and next target would be at 1.1250 area. Resistance is at 1.1340, only break above this level could trigger another rise towards 1.1400.

EURUSD 4-hour chart