EURUSD Daily Analysis – December 7, 2016

EURUSD remains in uptrend from 1.0505, the fall from 1.0796 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.0900 area. Support is at 1.0600, only break below this level could trigger another fall towards 1.0300.

eurusd chart