EURUSD Daily Analysis – July 2, 2014

EURUSD’s upward movement from 1.3512 extended to as high as 1.3700. Further rise could be expected after consolidation, and next target would be at 1.3800 area. Key support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend will continue.

eurusd chart