EURUSD Daily Analysis – October 15, 2019

EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.0879. As long as the price is in the channel, the upside movement could be expected to continue and next target would be at 1.1100 area, only break below the channel support could signal completion of the uptrend.

EURUSD 4-hour chart