EURUSD Daily Analysis – January 9, 2019

EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1303. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.1496 resistance. Only a breakdown below the trend line support could bring the price back towards 1.1200.

EURUSD 4-hour chart