EURUSD stays above a bullish trend line on its daily chart and remains in uptrend from 1.0340. As long as the pair is above the trend line, the uptrend could be expected to continue. There is a key resistance located at 1.1450, above this level could trigger a long term bullish move towards 1.2700. On the downside, a clear break below the trend support will indicate that consolidation for the uptrend is needed and deeper decline to test 1.1109 key support could be seen, only a breakdown below this level could signal completion of the uptrend.
