EURUSD Daily Analysis – April 10, 2020

EURUSD broke above 1.0926 resistance and extended its upside movement from 1.0768 to as high as 1.0951. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.1000 area. Key support is at 1.0829, a break below this level could trigger another fall towards 1.0600.

EURUSD 4-hour chart