EURUSD Daily Analysis – October 9, 2019

EURUSD broke below 1.0957 support, suggesting that the short term uptrend from 1.0879 had completed at 1.1000 already. Further decline could be expected in the coming days and next target would be at 1.0900 area. Resistance is at 1.1000, only break above this level could trigger another rise towards 1.1050.