EURUSD Daily Analysis - September 9, 2016

Short Term Forex Analysis | by ForexCycle.com | Friday, 09 September 2016 03:01 UTC
EURUSD remains in uptrend from 1.1123, the fall from 1.1326 is likely consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.1400 area. Support is at 1.1225, only break below this level will indicate that the uptrend had completed at 1.1326 already, then the following downward movement could bring price back to 1.1000 zone.

eurusd chart

Recommended Forex Trading Platforms

Forex Trading We know that the right opportunity can happen at anytime, anywhere. Saxo Capital Markets is committed to giving you a suite of platforms that will enable you to access your account and trade the markets whenever and wherever you want.


Subscribe to Newsletter

To receive alerts by email when Free Forex Analysis are updated. Enter your email address below.