EURUSD Daily Analysis – July 17, 2020

EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1184. As long as the trend line support holds, the pullback from 1.1452 could be treated as consolidation for the uptrend and further rise to 1.1500 could be expected after the consolidation.

EURUSD 4-hour chart