EURUSD Daily Analysis – June 11, 2019

EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1116. As long as the trend line support holds, the pullback from 1.1347 could be treated as consolidation for the uptrend, further rise to 1.1400 area is possible after the consolidation. Near term support is at 1.1290, a breakdown below this level could bring the price back towards the trend line.

EURUSD 4-hour chart