EURUSD Daily Analysis – September 16, 2019

EURUSD is now in the uptrend from 1.0926, further rise could be expected in a couple of days and next target would be at 1.1150 area. Near term support is at 1.1050, below this level would suggest that corrective consolidation for the uptrend is underway, then deeper decline to 1.1000 area could be seen.

EURUSD 4-hour chart