EURUSD Daily Analysis – August 12, 2019

EURUSD moved sideways in a trading range between 1.1167 and 1.1249. As long as 1.1167 key support holds, the sideways move could be treated as consolidation for the uptrend from 1.1026, further rise to 1.1300 area is still possible after the consolidation, only a breakdown below 1.1167 support could signal completion of the uptrend.