EURUSD Daily Analysis – April 25, 2019

EURUSD’s downside movement from 1.1323 extended to as low as 1.1140. Further decline is still possible after a minor consolidation and next target would be at 1.1100 area. Near term resistance is at 1.1180, a break of this level could bring the price back towards the falling trend line on the 4-hour chart.

EURUSD 4-hour chart