EURUSD Daily Analysis – April 29, 2020

EURUSD extended its upside movement from 1.0727 to as high as 1.0888. Further rise would likely be seen in a couple of days and next target would be at 1.0950 area. Near term support is at 1.0800, a breakdown below this level could trigger another fall towards 1.0700.

EURUSD 4-hour chart