EURUSD Daily Analysis – July 14, 2017

EURUSD remains in uptrend from 1.1118, the price action from 1.1445 could be treated as consolidation of the uptrend. Key support is at 1.1312, as long as this level holds, the uptrend could be expected to resume and another rise towards 1.1600 is still possible after the consolidation. Resistance is now at 1.1489, a break above this level could signal resumption of the uptrend.

EURUSD 4-hour chart