EURUSD Daily Analysis – March 31, 2020

EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the pullback from 1.1147 could be treated as consolidation for the uptrend and further rise to 1.1260 area is still possible after the consolidation. Key support is at 1.0953, only break below this level could signal completion of the uptrend.

EURUSD 4-hour chart