EURUSD Daily Analysis – November 5, 2018

EURUSD remains in the uptrend from 1.1302, the pullback from 1.1455 is likely consolidation for the uptrend. As long as 1.1350 support holds, the uptrend could be expected to resume and a break of 1.1455 resistance could trigger further upside movement towards 1.1500. On the downside, a breakdown below 1.1350 support would indicate that the upside move had completed at 1.1455 already, then another fall towards 1.1000 could be seen.

EURUSD 4-hour chart