EURUSD Daily Analysis – March 10, 2020

EURUSD stays in a 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 pullback from 1.1496 could be treated as consolidation for the uptrend, and further rise to 1.1600 area is still possible after the consolidation. Near term support is at 1.1365, below this level could bring the price back towards the trend line.

EURUSD 4-hour chart