EURUSD Daily Analysis – April 23, 2020

EURUSD broke below 1.0812 support, suggesting that the downtrend from 1.0990 has resumed. Further decline could be expected in the coming days and next target would be at 1.0700 area. Key resistance is at 1.0905, only break above this level could signal completion of the downtrend.

EURUSD 4-hour chart