EURUSD Daily Analysis – June 10, 2019

EURUSD extended its upside movement from 1.1116 to as high as 1.1347. As long a the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.1400 area. Near term support is at 1.1290, a breakdown below this level could bring the price back towards the trend line.

EURUSD 4-hour chart