EUR/USD Daily Analysis: May 24, 2019 The euro meets pressure again during the Thursday session with the looming from the markets again. Presently, we cannot be certain on what pushed this trend to occur but we can just base it on the common reasons. One of which is a trade war between the US and China. Directly stating the situation, it seems there is more from what is happening. Hence, the present market reflects the standing of the US dollar. If we look at the price, significant support is found at 1.11, which will likely be tested during the trading session. If the price breaks lower than the daily close, it will pave its way towards the level of 1.10. However, this pair will not exactly be an easy run. Although, I’d say that it won’t be long before the buyers return in the market. Furthermore, we should also focus our attention on how the daily candle forms. If it bounces from here, the next probable target level will be 1.1150. Needless to say, this pair isn’t exactly best to trade at the moment. It is quite tight, which is usual but that makes it the latter option in gaining profit. Scalpers are primarily the ones who will gain an advantage of this and the level of 1.11 is a good level to start off as it may offer a slight jump.