EURUSD Daily Analysis – August 21, 2020

EURUSD extended its upside movement from 1.1168 (Jun 19 low) to as high as 1.1965. Further rise would likely be seen and next target would be at 1.2100 area. Key support is at 1.1695, only a breakdown below this level could bring the price back to 1.1450 zone.

EURUSD 4-hour chart