EURUSD Daily Analysis – September 2, 2019

EURUSD extended its downside movement from 1.1164 to as low as 1.0963, breaking below 1.1026 support. Further decline is still possible after a minor consolidation and next target would be at 1.0900 area. Near term resistance is at 1.1015, above this level could bring the price back towards the falling trend line on the 4-hour chart.

EURUSD 4-hour chart