EURUSD Daily Analysis – February 14, 2020

EURUSD extended its downside movement from 1.1095 to as low as 1.0827. Further decline is still possible after a minor consolidation and next target would be at 1.0750 area. Resistance is now at 1.0888, only break above this level could bring the price back towards the falling trend line on the 4-hour chart.

EURUSD 4-hour chart