EURUSD Daily Analysis – Thursday, Aug 31

EURUSD stays above a bullish support trend line on its 4-hour chart and remains in the uptrend from 1.1662. As long as the trend line support holds, the uptrend could be expected to continue and next target would be at 1.2165 area. Only a clear break below the trend line support could bring price back to 1.1700 zone.

EURUSD 4-hour chart

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