EURUSD Daily Analysis – October 22, 2018

EURUSD failed in its attempt to break below 1.1432 support and rebounded to 1.1535 area. However, another fall to retest 1.1432 support is possible, a breakdown below this level could take the price to 1.1350 area. Resistance is at 1.1550, only a break of this level could trigger another rise towards 1.1650.

EURUSD 4-hour chart