EURUSD Daily Analysis – February 22, 2019

EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1234. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.1400 area. However, a breakdown below the trend line support would indicate that the upside movement had completed at 1.1371 already, then another fall towards 1.1100 could be seen.

EURUSD 4-hour chart