EURUSD Daily Analysis – June 15, 2020

EURUSD broke below 1.1240 support, suggesting that the upside movement from 1.0766 had completed at 1.1422 already. Deeper decline would likely be seen and next target would be at 1.1150 area. Near term resistance is at 1.1300, only break above this level could trigger another upside movement towards 1.1500.