EURUSD Daily Analysis – June 18, 2019

EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1347. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be at 1.1100 area. Key resistance is at 1.1247, only break above this level could signal completion of the downtrend.

EURUSD 4-hour chart