EURUSD Daily Analysis – April 11, 2018

EURUSD broke above the falling price channel on its 4-hour chart, suggesting that the downside movement from 1.2476 had completed at 1.2214 already. Further rally would likely be seen and next target would be at 1.2500 area. Support is at 1.2300, only a breakdown below this level could trigger another…
Source: EURUSD Daily Analysis – April 11, 2018