EURUSD Daily Analysis – July 7, 2017

EURUSD failed to break below 1.1290 support and is now facing 1.1450 key resistance again. A break of this level will signal resumption of the uptrend from 1.0569 (Apr 10 low), then next target would be at 1.1600 area. Near term support is at 1.1375, only a breakdown below this level could trigger another fall to test 1.1290 support.

EURUSD 4-hour chart