EURUSD Daily Analysis – June 11, 2014

EURUSD is facing 1.3502 support, a breakdown below this level will signal resumption of the downtrend from 1.3993, then next target would be at 1.3350 area. However, as long as 1.3502 support holds, the fall from 1.3676 would possibly be correction of the uptrend from 1.3502, another rise towards 1.3900 is still possible.

eurusd chart