EURUSD Daily Analysis – June 6, 2019

EURUSD broke below 1.1225 support, suggesting that the short term uptrend from 1.1116 had completed at 1.1306 already. Further decline could be expected in the coming days and next target would be at 1.1200, followed by 1.1180. Near term resistance is at 1.1250, a break of this level could trigger another rise towards 1.1300.

EURUSD 4-hour chart