EURUSD Daily Analysis – March 22, 2017

EURUSD continued its upward movement from 1.0494 and the rise extended to as high as 1.0819. Further rise is still possible and next target would be at 1.0900 area. Support is located at the bottom of the price channel on 4-hours chart, only a clear break below the channel support could signal completion of the uptrend.

EURUSD chart