EURUSD Daily Analysis – March 13, 2019

EURUSD’s upside movement from 1.1176 extended to as high as 1.1304. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.1350 area. On the downside, a breakdown below the trend line support would suggest that the upside movement is complete, then another fall towards 1.1200 could be seen.

EURUSD 4-hour chart