EURUSD Daily Analysis – August 28, 2019

EURUSD’s downside movement from 1.1164 to as low as 1.1085. Further decline is still possible over the next several days and next target would be at 1.1050 support. Near term resistance is at 1.1115, above this level could trigger another rise towards 1.1200.

EURUSD 4-hour chart