EURUSD Daily Analysis – July 24, 2019

EURUSD broke below 1.1193 support, suggesting that the downside movement from 1.1412 has resumed. Further decline could be expected after a minor consolidation and next target would be at 1.1100 area. Near term resistance is at 1.1170, above this level could bring the price back to 1.1200 zone.

EURUSD 4-hour chart