EURUSD Daily Analysis – September 6, 2016

EURUSD is facing 1.1123 support, a breakdown below this level will signal resumption of the downtrend from 1.1366, then the following downward movement could bring price to 1.1000 area. Near term resistance is at 1.1251, only break above this level could trigger another rise towards 1.1500.

eurusd chart