EURUSD Daily Analysis – September 26, 2016

EURUSD is forming a sideways consolidation in a range between 1.1123 and 1.1326. Support is at 1.1123, a breakdown below this level will signal resumption of the downtrend from 1.1366, then next target would be at 1.1000. Resistance is at 1.1326, only break above this level could trigger another rise towards 1.1400.

eurusd chart