EURUSD Daily Analysis – July 24, 2018

EURUSD is now in the uptrend from 1.1575, the pullback from 1.1750 is likely consolidation for the uptrend. Support is at 1.1655, as long as this level holds, the uptrend could be expected to resume, and further rise to 1.1800 area is possible after the consolidation. Only a breakdown below 1.1655 support could trigger another fall towards 1.1500.

EURUSD 4-hour chart