EURUSD is facing 1.1823 support. A breakdown below this level will indicate the short term uptrend from 1.1662 had completed at 1.2070 already, then the following downside move could take price to test 1.1662 key support. On the upside, as long as 1.1823 support holds, the fall from 1.2070 would possibly be correction of the uptrend, and further rise towards 1.2165 is still possible after the correction.

eurusd 4-hour chart

Source: http://www.forexcycle.com/short-term-forex-analysis/114304-eurusd-daily-analysis-september-4-2017.html

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