EURUSD Daily Analysis – July 3, 2017

EURUSD is facing 1.1450 resistance. Range trading between 1.1350 and 1.1445 would likely be seen in a couple of days. Near term support is at 1.1350 and the key support is at 1.1290. As long as these level holds, the uptrend from 1.1118 could be expected to continue and further rise to 1.1600 area is possible after the consolidation. On the downside, a breakdown below 1.1290 support will indicate that the uptrend had completed at 1.1445 already, then the pair will find support at around 1.1200.

EURUSD 4-hour chart