EURUSD Daily Analysis – October 31, 2018

EURUSD is facing 1.1335 support, a breakdown below this level could signal resumption of the downtrend from 1.1622, then next target would be at 1.1300 area. Near term resistance is at the bearish trend line on the 4-hour chart, only a clear break above the trend line resistance could bring the price back into 1.1520 zone.

EURUSD 4-hour chart