EURUSD Daily Analysis – July 21, 2020

EURUSD extended its upside movement from 1.1184 to as high as 1.1469. 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 1.1550 area. Near term support is at 1.1370, a breakdown below this level could bring the price back towards the trend line.

EURUSD 4-hour chart