EURUSD Daily Analysis – July 27, 2017

EURUSD’s bullish movement extended to as high as 1.1776. Near term support is at the rising trend line on the 4-hour chart. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 1.1900 area. Only a clear break below the trend line support could signal completion of the uptrend.

EURUSD 4-hour chart