EURUSD Weekly Analysis – September 20, 2015

EURUSD is in downtrend from 1.1713, the rise from 1.1087 could be treated as correction of the downtrend. Further decline is still possible after correction, and next target would be at 1.0600 area. Key resistance is at 1.1713, only break above this level could trigger anther rise towards 1.2500.

eurusd chart