EURUSD Weekly Analysis – June 30, 2019

EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.1106. Further rally is possible over the next several weeks and next target would be at 1.1600 area. Near term support is at 1.1340, a breakdown below this level could bring the price back towards the trend line.

EURUSD daily chart