EURUSD Daily Analysis – February 25, 2019

EURUSD moved sideways in a narrow range between 1.1316 and 1.1371. As long as 1.1316 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.1234, a break of 1.1371 resistance could trigger another bullish movement towards 1.1400 area. Only a breakdown below 1.1316 support could bring the price back to 1.1250 area.

EURUSD 4-hour chart