EURUSD Daily Analysis – November 1, 2016

EURUSD remains in uptrend from 1.0851, the fall from 1.0991 is likely consolidation of the uptrend. Near term support is at 1.0925, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1050 area. On the other side, a breakdown below 1.0925 support could bring price back to test 1.0851 support.

eurusd chart