EURUSD Daily Analysis – April 9, 2020

EURUSD is now in the uptrend from 1.0768, the pullback from 1.0926 is likely corrective consolidation for the uptrend. Further rise is possible after the consolidation and next target would be at 1.0950 area. Near term support is at 1.0800, a breakdown below this level could trigger another downside movement towards 1.0600.

EURUSD 4-hour chart