EURUSD Daily Analysis – August 28, 2017

EURUSD broke above 1.1909 resistance, indicating that the uptrend from 1.0569 (Apr 10 low) has resumed. Further rise could be expected in the coming days, and next target would be at 1.2000 area. Support is now at 1.1840, as long as this level holds, the uptrend from 1.1662 will continue.

EURUSD 4-hour chart