EURUSD Daily Analysis – May 30, 2019

EURUSD extended its downside movement from 1.1215 to as low as 1.1124. Further decline to test 1.1106 support is still possible in the coming days, a breakdown below this level could take the price to next support level at 1.1030. Near term resistance is at 1.1155, only break above this level could bring the price back to 1.1200 zone.

EURUSD 4-hour chart