EURUSD Daily Analysis – March 2, 2020

EURUSD’s upside movement from 1.0778 to as high as 1.1073. Further rise is still possible in a couple of days and next target would be at 1.1100 area. Key support is at 1.0950, a breakdown below this level would indicate that the upside movement is complete, then another fall towards 1.0800 could be seen.

EURUSD daily chart