EURUSD - Technical Analysis: Friday, 04/08/2017 04:06 GMT

The EURUSD pair moves to the upside gradually and trades near the ascending channel's resistance, and the price needs to surpass this resistance at 1.1915 to confirm heading towards our next target at the psychological barrier 1.2000.

Settling above 1.1825 makes us keep expecting the bullish trend in the coming period, as breaking this level will push the price to start intraday bearish correction that its targets begin at 1.1705 and extend to 1.1640.