EURUSD Daily Analysis – August 6, 2020

EURUSD is facing 1.1908 resistance. A break of this level could signal resumption of the uptrend from 1.1168, then next target would be at 1.2000 area. Key support level is at 1.1695, only a breakdown below this level could bring the price back to 1.1450 zone.

EURUSD 4-hour chart