EURUSD Daily Analysis – October 18, 2018

EURUSD broke below 1.1534 support, suggesting that the upside movement from 1.1432 had completed at 1.1622 already. Further decline to test 1.1432 support could be expected in the coming days. Resistance is at 1.1530, only a break of this level could bring the price back to 1.1560 zone.

EURUSD 4-hour chart