EURUSD Daily Analysis – February 7, 2017

EURUSD is facing the support of the price channel on 4-hour chart. As long as the pair stays in the channel, the uptrend from 1.0340 could be expected to continue, and further rise to 1.0900 area is still possible. Key support is at 1.0620, only break below this level could signal completion of the uptrend.

eurusd chart