EURUSD Daily Analysis – September 25, 2018

EURUSD remains in the uptrend from 11.1526, as long as the price is in the bullish price channel on the 4-hour chart, the pullback from 1.1815 could be treated as consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.1850 area. On the downside, a breakdown below the channel support could bring the price back to next support level at 1.1618, below here would aim 1.1550 area.

EURUSD 4-hour chart