EURUSD Daily Analysis – September 19, 2018

EURUSD failed in its attempt to break above 1.1733 resistance once again. However, the pair stays above a rising trend line on its 4-hour chart, suggesting that it remains in the uptrend from 1.1526. As long as the trend line support holds, another rise to retest 1.1733 resistance is still possible, a breakout of this level would aim 1.1800 area. Key support is now at 1.1618, only a breakdown below this level could bring the price back towards 1.1526 support.

EURUSD 4-hour chart