Analysis


EURUSD Analysis - Daily

EURUSD broke below 1.1097 support, indicating that the downtrend from 1.2569 (Dec 16, 2014 high) has resumed. Further decline could be expected, and next target would be at 1.0800 area. Resistance is at 1.1250, only break above this level could bring price back to 1.1500 zone.