EURUSD Daily Analysis – March 14, 2017

EURUSD remains in uptrend from 1.0494, the fall from 1.0714 is likely consolidation of the uptrend. Support level is at 1.0600, as long as the pair is above this level, the upward movement could be expected to continue, and next target would be at 1.0750 area. On the downside, a breakdown below 1.0600 support will imply that the downtrend from 1.0828 has resumed, then the following downward movement could bring price to 1.0400 zone.

EURUSD chart