EURUSD Daily Analysis – June 8, 2018

EURUSD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.1510. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.1900 area. On the downside, a clear break below the trend line support would indicate that the upside movement is complete, then the following downside movement could take the price back towards 1.1400.

EURUSD 4-hour chart