EURUSD Daily Analysis – June 20, 2017

EURUSD continued its sideways movement in a range between 1.1109 and 1.1295. As long as the pair is above 1.1109 support, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and another rise towards 1.1450 is still possible after the consolidation. The key support is at 1.1070, only a break below this level could signal completion of the uptrend.

EURUSD 4-hour chart