EURUSD Daily Analysis – June 19, 2019

EURUSD extended its downside movement from 1.1347 to as low as 1.1181. Further decline is still possible after a minor consolidation 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