EURUSD Daily Analysis – February 18, 2020

EURUSD extended its downside movement from 1.1095 to as low as 1.0823. Further decline is still possible and next get would be at 1.0750 area. Resistance is at 1.0861, a break of this level could bring the price back towards the falling trend line on the 4-hour chart.

EURUSD 4-hour chart