EURUSD Daily Analysis – May 31, 2019

EURUSD is facing 1.1106 support. A breakdown below this level could take the price to next support level at around 1.1030. Near term resistance is at 1.1155, a break of this level would indicate that corrective consolidation for the downtrend from 1.1215 is underway, then further rally to 1.1170 area could be seen.

EURUSD 4-hour chart