EURUSD Daily Analysis – March 29, 2017

EURUSD stays in the ascending price channel on 4-hours chart and remains in uptrend from 1.0494. As long as the pair is in the channel, the fall from 1.0905 could be treated as consolidation of the uptrend and further rise to 1.0950 area is still possible. Key support is at 1.0760, only break below this level could signal completion of the uptrend.

EURUSD chart