EURUSD Daily Analysis – July 17, 2019

EURUSD extended its downside movement from 1.1285 to as low as 1.1201, facing 1.1193 support, a breakdown below this level could trigger further downside movement to 1.1150 area. Near term resistance is at 1.1230, a break of this level could bring the price back to 1.1260 zone.

EURUSD 4-hour chart