EURUSD Daily Analysis – April 22, 2019

EURUSD is now in the downtrend from 1.1323, the bounce from 1.1226 is likely consolidation for the downtrend. Further decline could be expected and next target would be at 1.1200 area. Resistance is at 1.1260, only a break of this level could bring the price back towards 1.1350.

EURUSD 4-hour chart