EURUSD Daily Analysis – September 11, 2019

EURUSD continued its sideways movement in a trading range between 1.1015 and 1.1084. The sideways movement is likely consolidation for the uptrend from 1.0925, as long as 1.1015 support holds, the uptrend could be expected to resume, a breakout of 1.1084 resistance could take the price to 1.1150 area. On the downside, a breakdown below 1.1015 support would indicate that the upside movement had completed at 1.1084 already, then the pair would find next support level at around 1.0960.

EURUSD 4-hour chart