EURUSD Daily Analysis – April 17, 2020

EURUSD extended its downside movement from 1.0990 to as low as 1.0816. Further decline would likely be seen in a couple of days and next target would be at 1.0678 support. Near term resistance is at 1.0905, only break above this level could trigger another rise towards 1.1000.

EURUSD 4-hour chart