EURUSD Daily Analysis – July 25, 2017

EURUSD stays above a bullish trend line on the 4-hour chart and remains in uptrend from 1.1312. As long as the price is above the trend line, the fall from 1.1684 could be treated as consolidation of the uptrend, and further rise towards 1.1800 is still possible after the consolidation. On the downside, a clear break below the trend line support could bring price back to next support level at 1.1479, followed by 1.1370.

EURUSD 4-hour chart