EURUSD Daily Analysis - October 13, 2016

Short Term Forex Analysis | by ForexCycle.com | Thursday, 13 October 2016 02:37 UTC
EURUSD remains in downtrend from 1.1279 and the downward movement extended to as low as 1.1000. Further decline could be expected after a minor consolidation, and next target would be at 1.0950 area. Near term resistance is at 1.1060, as long as this level holds, the downtrend will continue.

eurusd chart

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