EURUSD Daily Analysis – July 18, 2019

EURUSD failed to break below 1.1193 support and rebounded from 1.1199, suggesting that the fall from 1.1285 had completed. Further rally would likely be seen over the next several days and next target would be at 1.1285 resistance. Support is at 1.1193, only a breakdown below this level could trigger another fall towards 1.1150.

EURUSD 4-hour chart