EURUSD Daily Analysis – February 13, 2019

EURUSD rebounded strongly from 1.1257, suggesting that the downside movement from 1.1514 had completed. Further rally is still possible and next target would be at 1.1360, followed by 1.1400. Near term support is at 1.1300, below this level could bring the price back towards 1.1280.

EURUSD 4-hour chart