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EURUSD Daily Analysis - September 5, 2016

Short Term Forex Analysis | by ForexCycle.com | Monday, 05 September 2016 11:15 UTC
EURUSD remains in downtrend from 1.1366, the bounce from 1.1123 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.1000 area. Near term resistance is at 1.1251, only break above this level could bring price back to test 1.1366 resistance.

eurusd chart

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