EURUSD Daily Analysis – March 4, 2020

EURUSD stays above the bullish trend line on the 4-hour chart and remains in the uptrend from 1.0778. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.1260 area. On the downside, a breakdown below the trend line support would indicate that the upside movement is complete, then the pair would find support at 1.1010 area.

EURUSD 4-hour chart