EURUSD Weekly Analysis - September 11, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 11 September 2016 09:13 UTC
EURUSD stays in the upward price channel on daily chart, indicating that the pair remains in uptrend from 1.0911. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.2000 area. Only the downside, a clear break below the channel support will signal completion of the uptrend, then the following downward movement could bring price to 1.0600 zone.

eurusd chart

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