EURUSD Daily Analysis – February 26, 2014

EURUSD continues its sideways movement in a narrow range between 1.3686 and 1.3773. The price action in the range is likely consolidation of the uptrend from 1.3477, as long as 1.3686 support holds, another rise to 1.3850 area could be expected. Key support is at 1.3686, only break below this level will signal completion of the uptrend.

eurusd chart