EURUSD rebounded from 1.1926 after touching the support trend line from 1.1662 to 1.1823 on its 4-hour chart, suggesting that the pair remains in the uptrend from 1.1662. Further rally would likely be seen in the coming days and next target would be at 1.2092 previous high resistance, above this level could take price to 1.2165 area. Near term support is now at 1.1926, a breakdown below this level could bring price back to test 1.1823 key support.
