EURUSD Daily Analysis – August 30, 2018

EURUSD stays in a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1301. As long as the trend line support holds, the fall from 1.1733 could be treated as consolidation of the uptrend and a break of 1.1733 could trigger further upside movement towards 1.1800. Key support is at 1.1651, only a breakdown below this level could bring the price back towards 1.1500.

EURUSD 4-hour chart