EURUSD Daily Analysis – July 12, 2019

EURUSD remains in the uptrend from 1.1193, the pullback from 1.1285 is likely corrective consolidation for the uptrend. As long as 1.1225 support holds, the uptrend could be expected to resume and further rise to 1.1350 area is still possible after the consolidation. Only a breakdown below 1.1225 support could trigger another fall towards 1.1150.

EURUSD 4-hour chart