EURUSD Daily Analysis – June 11, 2018

EURUSD remains in the uptrend from 1.1510. As long as the price is in the rising price channel on the 4-hour chart, the pullback from 1.1840 could be treated as consolidation for the uptrend and another rise towards 1.1900 could be expected after the consolidation. Key support is at 1.1727, only a breakdown below this level could signal completion of the uptrend.

EURUSD 4-hour chart