EURUSD Daily Analysis – April 19, 2019

EURUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.1183 had completed at 1.1323 already. Deeper decline could be expected after a minor consolidation and next target would be at 1.1200 area. Resistance is at 1.1265, only break above this level could trigger another rise towards 1.1400.

EURUSD 4-hour chart