EURUSD Daily Analysis - September 13, 2016

Short Term Forex Analysis | by ForexCycle.com | Tuesday, 13 September 2016 02:16 UTC
EURUSD stays in the upward price channel on 4-hour chart, indicating that the pair remains in uptrend from 1.1123. As long as the channel support holds, the fall from 1.1326 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 1.1400 area. Key support is now at 1.1198, only break below this level could trigger another fall 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.