EURUSD Daily Analysis – July 14, 2020

EURUSD extended its upside movement from 1.1184 to as high as 1.1375. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.1400 area. Key support is at 1.1255, a breakdown below this level could bring the price back to 1.1150 area.

EURUSD 4-hour chart