EURUSD Daily Analysis – August 19, 2014

EURUSD is facing 1.3333 support again, a breakdown below this level will signal resumption of the downtrend from 1.3700, then next target would be at 1.3000 area. Resistance is at 1.3444, only break above this level will signal completion of the downtrend, then the following upward movement could bring price back to 1.3550 area.

eurusd chart