EURUSD - Technical Analysis: Friday, 18/08/2017 04:34 GMT

The EURUSD pair fell under negative pressure yesterday and attempted to break the ascending channel's support but it returns to settle above it again, to start today with calm bullish bias that indicates resuming the main bullish trend, to keep the bullish trend valid for the coming period, waiting to surpass 1.1783 level to confirm heading towards 1.1910 as a next target.

We should note that breaking 1.1700 and settling below it will push the price to decline towards 1.1640 and might extend to 1.1576 on the near term basis.