EURUSD Daily Analysis – July 2, 2019

EURUSD broke below 1.1344 support and extended its downside movement from 1.1412 to as low as 1.1284. Further decline could be expected and next target would be at 1.1240 area. Near term resistance is at 1.1320, a break of this level could bring the price back to 1.1350 area.

EURUSD 4-hour chart