EURUSD Daily Analysis – September 15, 2016

EURUSD is in downtrend from 1.1326, the rise from 1.1198 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.1000 area. Near term resistance is at 1.2385, only break above this level could trigger another rise towards 1.1400.

eurusd chart