EURUSD Daily Analysis – September 9, 2016

EURUSD remains in uptrend from 1.1123, the fall from 1.1326 is likely consolidation of the uptrend. Another rise could be expected after consolidation, and next target would be at 1.1400 area. Support is at 1.1225, only break below this level will indicate that the uptrend had completed at 1.1326 already, then the following downward movement could bring price back to 1.1000 zone.

eurusd chart