EURUSD Daily Analysis – February 14, 2018

EURUSD extended its upside movement from 1.2205 to as high as 1.2371. Further rise could be expected in a couple of days, and next target would be at 1.2480 area. Near term support is at 1.2280, only a breakdown below this level could trigger another fall to test 1.2165 key support.

EURUSD 4-hour chart