EURUSD Daily Analysis – October 13, 2017

EURUSD is in short term uptrend from 1.1669. As long as the price is above 1.1780 support, the upside movement could be expected to continue and next target would be at 1.1900, followed by 1.2029. On the downside, a breakdown below 1.1780 support could indicate that the short term uptrend had completed at 1.1879 already, then another fall towards 1.1662 key support could be seen.

EURUSD 4-hour chart