EURUSD Daily Analysis – March 17, 2017

EURUSD stays in a ascending price channel on 4-hours chart and remains in uptrend from 1.0494. As long as the pair stays in the channel, the uptrend could be expected to continue, and further rise to test 1.0828 resistance is possible. Key support is at the bottom of the price channel, only a clear break below the channel support could signal completion of the uptrend.

EURUSD chart