EURUSD Daily Analysis – February 3, 2017

EURUSD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.0340. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0900 area. Key support is now at 1.0620, only break below this level could signal completion of the uptrend.

eurusd chart