EURUSD Daily Analysis – August 28, 2018

EURUSD extended its upside movement from 1.1301 to as high as 1.1693. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.1800 area. Key support is at 1.1529, only a breakdown below this level could signal completion of the uptrend.

EURUSD 4-hour chart