EURUSD Daily Analysis – June 14, 2019

EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.1116 had completed at 1.1347 already. Further decline could be expected in the coming days and next target would be at 1.1200 area. Near term resistance is at 1.1300, only break above this level could trigger another rise towards 1.1350.

EURUSD 4-hour chart