EURUSD - Technical Analysis: Thursday, 03/08/2017 10:08 GMT

The EURUSD pair succeeded to achieve our main waited target at 1.1890 that represents the ascending channel's resistance, showing bearish rebound now, which requires caution from the coming trades, as failing to surpass the mentioned level will push the price to visit the mentioned channel's support at 1.1565 in the coming period, especially in case succeeding to break 1.1795 level.

Overall, the main bullish trend still dominant unless breaking 1.1795 level and settling below it, noting that the next main target is located at 1.2000.