EURUSD Daily Analysis – August 13, 2019

EURUSD rebounded back into the trading range between 1.1167 and 1.1249 after touching 1.1167 support. Another rise to test 1.1249 resistance would likely be seen, a break of this level could signal resumption of the uptrend from 1.1026, then next target would be at 1.1300 area. Only a clear break below 1.1167 support could signal completion of the uptrend.

EURUSD 4-hour chart