EURUSD Daily Analysis – March 6, 2018

EURUSD is now in uptrend from 1.2155. Near term support is at 1.2265, as long as this level holds, the upside movement could be expected to continue and next target would be at 1.2500 area. On the downside, a breakdown below 1.2265 support could bring price back to test 1.2155 support. Below this level would aim 1.2000 area.

EURUSD 4-hour chart