EURUSD Daily Analysis – April 25, 2017

EURUSD remains in uptrend from 1.0569, the fall from 1.0918 is likely consolidation of the uptrend. Another rise could be expected after the consolidation and next target would be at 1.1000 area. Support is at 1.0775, as long as this level holds, the uptrend will continue. Key support is located at the rising trend line on 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.

EURUSD chart