EURUSD Daily Analysis – July 18, 2014

EURUSD is facing 1.3502 support, a breakdown below this level will indicate that the downtrend from 1.3993 (May 8 high) has resumed, then next target would be at 1.3300 area. Resistance is at 1.3580, only break above this level could bring price back to 1.3700 zone.

eurusd chart