EURUSD - Technical Analysis: Wednesday, 16/08/2017 04:32 GMT

The EURUSD pair declined clearly yesterday to touch the important support 1.1704, showing calm positive trades that indicates the price attempt to return to resume the bullish trend again, as the price still inside the ascending channel, and it needs to surpass 1.1783 to confirm the continuation rising in the coming period.

Thus, the bullish trend will remain expected in general unless pushing on 1.1704 then 1.1675 levels and settling below them, noting that the next main target is located at 1.1910.