EURUSD Daily Analysis – August 29, 2017

EURUSD remains in the uptrend from 1.1662. Further rise could be expected in a couple of days and next target would be at 1.2165 area. Near term support is at 1.1900, as long as this level holds, the uptrend will continue. Key support is at the bullish trend line on the 4-hour chart, only a clear break below the trend line support could bring price back into 1.1700 zone.

EURUSD 4-hour chart