EURUSD Daily Analysis – April 12, 2019

EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.1183. Further rise could be expected in a couple of days and next target would be at 1.1300 area. Key support is at 1.1229, only a breakdown below this level could signal completion of the uptrend.

EURUSD 4-hour chart