EURUSD Daily Analysis – February 27, 2019

EURUSD broke above 1.1371 resistance, suggesting that the upside movement from 1.1234 has resumed. Further rise could be expected in a couple of days, and next target would be at 1.1450 area. Support is at the rising trend line on the 4-hour chart, only a breakdown below the trend line support could signal completion of the uptrend.

EURUSD 4-hour chart